Bearish sentiment globally pressures Bursa Malaysia to open lower, market expected to be cautious all day

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KUALA LUMPUR, Sept 9 — Bearish sentiment in the global stock markets pressured Bursa Malaysia to open easier on Monday,...

YTL Power International emerged as biggest loser in the heavyweights, losing 10 sen to RM3.42, while YTL Corporation dropped three sen to RM2.46.

Regionally, Asian share markets experienced a decline as investors opted for safer harbours instead of risk assets amid concerns regarding a potential US economic downturn.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaIndia

Topics: FBM KLCI Bursa Malaysia

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-09 @ 10:28:05 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 520 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 33 words per sentence (average)

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Copyright Owner: © Malay Mail

News ID: 22416708

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