KUALA LUMPUR, Feb 9 — The FTSE Bursa Malaysia KLCI (FBM KLCI) ended lower for a third consecutive day today on lack of fresh catalysts as investors remain cautious amid the...
KUALA LUMPUR, Feb 9 — The FTSE Bursa Malaysia KLCI ended lower for a third consecutive day today on lack of fresh catalysts as investors remain cautious amid the jittery performance of regional and global equity markets, a dealer said.
Turnover declined to 3.57 billion units worth RM2.19 billion against yesterday’s 3.94 billion units worth RM2.51 billion. “We remain positive on local equities as the consensus remain confident that blue chips heavyweights will perform strongly in the current corporate earnings season,” he told Bernama.
“The downbeat performance was also impacted by the World Bank Economic Monitor Report which stated that Malaysia’s economic growth may slow to 4 per cent in 2023.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bursa Malaysia ends lower for second day runningKUALA LUMPUR, Feb 8 — The FTSE Bursa Malaysia KLCI (FBM KLCI) extended its decline for a second consecutive day, dragged by selling mainly in banking stocks, amid mixed...
Read more »
Bursa Malaysia opens slightly higher but retreats thereafterKUALA LUMPUR, Feb 9 ― Bursa Malaysia opened marginally higher today but retreated within minutes, taking its cue from the weaker Wall Street performance overnight amidst...
Read more »
Bursa Malaysia remains in the red at mid-afternoonKUALA LUMPUR, Feb 9 ― Bursa Malaysia stayed in the red at mid-afternoon on continued selling in selected heavyweights, in tandem with the weakness in most regional peers, a...
Read more »