Bursa Malaysia marginally lower at lunch break | Malay Mail

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KUALA LUMPUR, Dec 10 ― Bursa Malaysia ended the morning trading session in the red on renewed concerns over the Covid-19 Omicron variant-led restrictions while the bearish Wall Street performance overnight continued to weigh on investor sentiment. At 12.30pm, the benchmark FTSE Bursa Malaysia...

KUALA LUMPUR, Dec 10 ― Bursa Malaysia ended the morning trading session in the red on renewed concerns over the Covid-19 Omicron variant-led restrictions while the bearish Wall Street performance overnight continued to weigh on investor sentiment.

On the broader market, losers outpaced gainers 454 to 261, while 412 counters were unchanged, 1.178 untraded, and 52 others suspended.In the latest development, more countries worldwide have imposed a stricter movement restrictions to curb the spread of the new variant. Global markets are also cautious after China's property giant Evergrande has officially been labelled a defaulter for its US dollar bonds.

 

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