PETALING JAYA: The KL Composite Index (KLCI) dropped below the psychologically important 1,000-point mark for the first time in almost two years as worsening financial turmoil in the United States sapped global investors’ appetite.
Local sentiment was also bogged down by the domestic political impasse between the Government and the Opposition led by Datuk Seri Anwar Ibrahim, who is claiming that he has enough MPs to cross over to form a new Government.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!