Bursa Malaysia ends morning session broadly lower | Malay Mail

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KUALA LUMPUR, Jan 25 ― Bursa Malaysia remained lower across-the-board at mid-day today on ongoing fears of a faster interest rate hike in the United States and geopolitical tensions in Russia and Ukraine, an analyst said. At 12.30pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) declined 1.11...

KUALA LUMPUR, Jan 25 ― Bursa Malaysia remained lower across-the-board at mid-day today on ongoing fears of a faster interest rate hike in the United States and geopolitical tensions in Russia and Ukraine, an analyst said.

Meanwhile, according to reports, the tensions between Russia and Ukraine could potentially lead to a war influenced by issues on territorial borders. On the local burse, heavyweights Maybank fell six sen to RM8.19, Public Bank eased one sen to RM4.18, Petronas Chemicals declined two sen to RM8.88 sen, IHH Healthcare slipped 14 sen to RM6.33, and CIMB dipped four sen to RM5.21.

Nestle topped the losers list after falling by 90 sen to RM132.10, followed by Malaysian Pacific Industries and PPB Group which fell by 72 sen and 34 sen to RM38.78 and RM16.26, respectively.

 

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