Bursa awash in red after steep US sell-off

Quick Summary:

KUALA LUMPUR: The FBM KLCI pared losses while the broader market remained a sea of red following the sharp declines in the Wall Street indices overnight.

Meanwhile, regional markets were also awash in crimson with Japan's Nikkei battered down 3.74% to 37,242.

In the technology sector, stocks were battered following the 3.3% retreat on the Nasdaq overnight.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaHong KongJapanSingapore

Topics: Equities Commodity Markets FBM KLCI Stocks Bursa Malaysia /Business/Business News Investor Trading

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-04 @ 12:56:00 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 280 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 22363164

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

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