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KUALA LUMPUR: Bursa Malaysia succumbed to heavy selling pressure today with the benchmark index falling below the 1,500 psychological level amid fears that the Omicron variant could possibly halt global economic recovery, said an analyst.
KUALA LUMPUR: The FBM KLCI remained in the red at midday break amid an ongoing selldown as investors reacted to the US Federal Reserve chairman's comments that bonds purchasing might be cut back ahead of schedule.
KUALA LUMPUR: Bursa Malaysia erased its previous session's gains and slid even lower as investors pulled out of equities following the US Federal Reserve chair's comments that the central bank could speed up the tapering of bond-buying in December.
KUALA LUMPUR: There was broad-based selling on Bursa Malaysia as it entered midday, as fears over another wave of the Covid-19 pandemic loomed over Europe.
KUALA LUMPUR: Bursa Malaysia ended lower on Thursday with the benchmark index below the 1,520-mark amid weak sentiment.
KUALA LUMPUR: The FBM KLCI remained soft in the morning session, slipping below the 1,520 level on the back of profit-taking as the corporate earnings season approached its final days.