Bursa holds fast to 1,600 despite Wall St slide


KUALA LUMPUR: Bursa Malaysia bounced higher on Wednesday after falling below 1,600 points in the previous session amid a downturn in global equities markets.

While Wall Street continued to slide for a third straight day on fears of aggressive interest rate hikes, the domestic market was supported by buying in financial and healthcare counters.

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Bursa Malaysia , FBM KLCI , equities

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