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KUALA LUMPUR: AmInvestment Research believes the sharp fall in China’s Evergrande Group share price will have a limited impact on Malaysia’s stock market.
KUALA LUMPUR: Bursa Malaysia fell in morning trade, tracking the sharp retreat on Wall Street overnight as a possible default by China Evergrande threatened to spill over into the global financial system.
KUALA LUMPUR: The FBM KLCI ended the day in red, dampened by across-the-board selling, bucking regional gains.
KUALA LUMPUR: The FBM KLCI skidded lower in the morning session as investors turned cautious ahead of a host of global central bank meetings, which will shed some light on the pace of the economic recovery and future direction of monetary policy.
KUALA LUMPUR: The market sentiment on the domestic market continued to sour at Monday's opening bell with the key FBM KLCI failing to rebound after six straight sessions of declines.
The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to move between 1,560 and 1,580 points next week with the return of foreign participation in the local stock market on the back of economic activities resumption.
KUALA LUMPUR: Bursa Malaysia saw a follow through selling pressure on Friday, pushing the benchmark index lower.
KUALA LUMPUR: The outlook on the domestic market deteriorated over the morning session as the FBM KLCI slipped further amid continued selling pressure.