Bursa ends at intraday low on worries over global economic outlook

The Edge Markets LogoThe Edge Markets2 mo ago

Bursa ends at intraday low on worries over global economic outlook - The Edge Markets

Quick Summary:

At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 14.18 points, or 0.99%, to 1,424.98 from Thursday's close of 1,439.16.

Bursa heavyweight counters Malayan Banking Bhd (Maybank) dropped two sen to RM8.69, Public Bank Bhd shed five sen to RM4.34, Petronas Chemicals Group Bhd fell 15 sen to RM8.35, and IHH Healthcare Bhd lost 20 sen to RM5.80.

KUALA LUMPUR (Sept 23): Bursa Malaysia ended at an intraday low on Friday (Sept 23), with selling pressure seen across the board on concerns over the global economic outlook amid rising interest rates worldwide, a dealer said.

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Category: InvestingFinance



Source Website Secure: No (HTTP)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-23 @ 09:34:40 (2 months ago)

News Timezone: GMT +8:00

Ranking: #2385 (out of 2851 stories this day)

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Language: English

Article Length: 697 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 28 words per sentence (average)

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

Copyright Owner: © The Edge Markets

News ID: 492872

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Update Frequency: 100 posts per day

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News Last Updated: 8 hours ago

Coverage Areas: Malaysia

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