Selling pressure amid Mideast and polls anxiety


BURSA Malaysia faced a challenging trading environment during the shortened trading week due to the Deepavali festivities. The local equity market saw heightened caution and notable dips, pushing the FBM KLCI below the key psychological level of 1,600 yesterday before recovering and settling above this level.

Week-on-week, the benchmark index posted a decline of 14.32 points to end at 1,603.98 yesterday, compared with last Friday’s close of 1,618.30.

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