KUALA LUMPUR: Bursa Malaysia experienced a bloodbath on Black Monday, plunging to a near four-month low as relentless selling pressure mirrored bearish regional markets. Fears of a potential U.S. recession sent investors rushing from risk.
At the close, the FBM KLCI plunged 74.57 points or 4.63% to 1,536.48, recovering from an intraday low of 1,532.24. The slide is the biggest since falling 4.77% on March 16, 2020.
