Bucking the trend of Asian markets that were generally on an uptrend, the FTSE Bursa Malaysia KL Composite Index (FBM KLCI) continued its downtrend, as it shed another 20.12 points or 1.13% to close at 1,767.38 points yesterday on the back of rising political undercurrents in the market. While global investors were net purchasers of Asian equity last week, they continued to be net sellers of Malaysian equity.
Some 1.86 billion shares valued at RM1.91bil were traded yesterday.
Last week, the FBM KLCI lost 1.35%, which is the third steepest decline in a week this year. With this cumulative loss, the local bourse is now the worst-performing bourse among Asian indices, and is down 2.75% on a year-to-date basis.
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Some 1.86 billion shares valued at RM1.91bil were traded yesterday.
Last week, the FBM KLCI lost 1.35%, which is the third steepest decline in a week this year. With this cumulative loss, the local bourse is now the worst-performing bourse among Asian indices, and is down 2.75% on a year-to-date basis.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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