Bursa Malaysia sees profit-taking as 1,300 counters decline

Quick Summary:

The stronger ringgit failed to raise investor sentiment on Bursa Malaysia as the fear of a deteriorating global economy saw "risk-off” sentiment prevail.

Paragon unit to dispose of land in Johor for RM98.

The FBM KLCI was down 13.2 points, or 0.81% to 1,611.05.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: RinggitStrength FBMKLCI /Business/Business News BursaMalaysia ProfitTaking DefensiveStocks Markets

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-03 @ 00:00:00 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 149 words

Reading Time: 1 minutes read

Sentences: 8 lines

Sentence Length: 19 words per sentence (average)

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

Copyright Owner: © The Star

News ID: 21900898

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 40 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 2 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #22

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