Turnover amounted to 1.10 billion shares worth RM833.95 million. — Picture by Razak Ghazali
On the broader market, gainers outstripped losers 666 to 101, while 268 counters were unchanged, 898 untraded and 17 others suspended.The Dow Jones Industrial Average recorded the steepest drop of 800.49 points to 25,479.42, while the Nasdaq slipped 242.42 points to 7,773.94, Japan’s Nikkei fell 288.80 points to 20,366.33 and Singapore’s Straits Times Index dropped 47.29 points to 3,100.31 points.
Economic reports also suggest that the US stock markets slump — the worst for the year on Wednesday — was a reliable predictor of looming recession flashing for the first time since the 2008 financial crisis.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia 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 on heavy selling pressure | Malay MailKUALA LUMPUR, Aug 13 — Bursa Malaysia ended 1.37 per cent lower as the local bourse took a delayed hit following the fall in the US Dow Jones Industrial Average last Friday and yesterday, which contributed to the heavy selling today. At the close, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI)...
Source: malaymail - 🏆 1. / 86 Read more »
Bursa Malaysia ends higher on bargain hunting | Malay MailKUALA LUMPUR, Aug 14 — Bursa Malaysia ended 0.46 per cent higher today, rebounding after a sharp decline yesterday and backed by strong bargain hunting in the technology index, medium sized capitals and selected heavyweights. At close, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was up 7.43...
Source: malaymail - 🏆 1. / 86 Read more »
Bursa Malaysia rebounds to open higher | Malay MailKUALA LUMPUR, Aug 14 ― Bursa Malaysia rebounded to opened higher today, buoyed by President Donald Trump’s move to delay imposing some new tariff on Chinese imports. At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) climbed 6.58 points to 1,599.46, after opening 5.48 points higher at...
Source: malaymail - 🏆 1. / 86 Read more »
Bursa remains negative at mid-morning | Malay MailKUALA LUMPUR, Aug 15 — Bursa Malaysia remained in negative territory at mid morning, due to heavy selling in counters related to the financial services, property and industrial products indices. At 11.05am, the FTSE Bursa Malaysia KLCI (FBM KLCI) continued its...
Source: malaymail - 🏆 1. / 86 Read more »
Bursa returns to red on heightened global uncertainty | Malay MailKUALA LUMPUR, Aug 15 — Intensifying global uncertainties and slowdown in major economies dragged Bursa Malaysia into the red at the opening today. At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) dropped 16.14 points to 1,584.17, below the psychological support...
Source: malaymail - 🏆 1. / 86 Read more »
Bursa Malaysia remains in the red at mid-afternoon | Malay MailKUALA LUMPUR, Aug 13 ― Bursa Malaysia remained in negative territory at mid-afternoon today, influenced by heavy selling in financial services stocks. At 3.05pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) erased 20.52 points to 1,594.53 from Friday’s close of 1,615.05. The...
Source: malaymail - 🏆 1. / 86 Read more »