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PETALING JAYA: The local market continued its rocky start to the Year of the Rat with experts anticipating more volatility in the days ahead, comparing it to what happened in the previous SARS outbreak.FBM KLCI ended the day 0.08% lower at 1550.47 points, after taking a beating the previous day when it shed 21.17 points to its lowest level since October last year on fears over the fast-spreading coronavirus.
KUALA LUMPUR: Overall market sentiment on Bursa Malaysia was steadier on Wednesday after the previous day's selloff due to the worsening coronavirus outbreak but the FBM KLCI's advance was held in check by Tenaga Nasional and IHH Healthcare.
KUALA LUMPUR: Bursa Malaysia was marginally lower at the midday break on Wednesday, while Hong Kong fell more than 2% when it reopened for trading as the coronavirus outbreak spead further and the death toll rose.
KUALA LUMPUR: Bursa and several key Asian markets which were opened on Tuesday, came under selling pressure as the coronavirus claimed its 106th victim and spread to other countries.
KUALA LUMPUR: Key Asian markets including Bursa Malaysia fell on Tuesday as growing worries about the spread of the coronavirus from China to several countries spooked investors.
KUALA LUMPUR: Glove counters continued to attract investors’ interest as glove demand could surge as customers stock up as a pre-emptive measure against the Wuhan coronavirus.
KUALA LUMPUR: Bursa Malaysia started Tuesday on a worried note as the FBM KLCI skidded over 25 points at one point, tracking the overnight fall on Wall Street and key Asian markets over the coronavirus outbreak.
KUALA LUMPUR: The FBM KLCI closed slightly in the red in holiday-shortened trading on Friday to extend its losing streak to five days.
KUALA LUMPUR: The rally in glove makers hit a speed bump on Thursday as investors decided to take some money off the table ahead of the Lunar New Year and concerns about the new coronavirus outbreak in Wuhan, China.
KUALA LUMPUR: The FBM KLCI continued to shed points on Thursday with investors taking money off the table ahead of the Chinese New Year celebrations.