Banking stocks drag Bursa Malaysia below 1,600 level


KUALA LUMPUR: The fall in shares of banking heavyweights weighed heavily on Bursa Malaysia, causing the index to slip below the crucial 1,600 mark.

At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 6.76 points, or 0.42 per cent, to settle at its intraday low of 1,597.49 from Wednesday’s close of 1,604.25.

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