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Bursa Malaysia retreats amid global sell-off on concerns over world economic outlook

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Publish date: Wed, 04 Sep 2024, 06:17 PM

BURSA Malaysia ended lower on Wednesday, tracking an equity rout worldwide after weak US data fuelled fears of a slowdown in global economic growth.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 6.41 points, or 0.38% to 1,670.24, down from Tuesday’s close.

The key index opened 14 points lower at 1,662.65 and moved between 1,675.53 and 1,662.22 throughout the day.

Following the broad-based sell-off, 813 counters ended in the red compared to 307 gainers, while 438 counters were unchanged, 883 untraded, and nine were suspended. - Sept 4, 2024

 

https://focusmalaysia.my/bursa-malaysia-retreats-amid-global-sell-off-on-concerns-over-world-economic-outlook/

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