Bursa Malaysia joins equities rout as geopolitical tensions grow

Quick Summary:

KUALA LUMPUR: The FBM KLCI idled near intraday lows as fears over a wider regional conflict escalated following Iran's missile attack on Israel overnight.

The market breadth was deeply negative with 810 decliners compared to 225 gainers, with 12 out of the 13 sectors in the red.

Over the course of the early session, the index traded within a band of 1,637.06 to 1,647.30.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaHong KongIsraelJapanSingapore

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

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-02 @ 12:52:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 283 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 19 words per sentence (average)

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Copyright Owner: © The Star

News ID: 22845675

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

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Year Established: 1971

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Coverage Areas: Malaysia

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