Bursa Malaysia slumps as over 1,000 stocks drop; Biden’s exit adds to uncertainty

Quick Summary:

KUALA LUMPUR: It was a sea of red on the local bourse, with over 1,000 counters in the red, reflecting the current weak sentiment in the market.

That gave a market breadth of 0.27 indicating the bears were in better control.

Around the region, MSCI's Asia ex-Japan stock index was lower by 0.6%.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaHong KongJapanSouth KoreaSingapore

Topics: FBM KLCI Bursa Malaysia KLCI /Business/Business News Markets

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-22 @ 17:19:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 358 words

Reading Time: 2 minutes read

Sentences: 19 lines

Sentence Length: 19 words per sentence (average)

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

Copyright Owner: © The Star

News ID: 21724318

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 39 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 58 minutes 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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