Bursa Malaysia stages mild pullback, CI down 0.37%

Quick Summary:

KUALA LUMPUR: Bursa Malaysia’s key index staged a modest pullback to end lower today, sparked by the downbeat performance on Wall Street overnight which spilled over into regional markets.

"Technically, the FBM KLCI has formed another bearish candle as the key index took another step back towards the 1,600 level today," he said.

He maintains a downward bias projection for the FBM KLCI as the key index looks to trend towards the near-term support of 1,600, with resistance at 1,640.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: MalaysiaUnited States

Topics: Kenneth Leong Bursa Malaysia /Business/Business News Closing Regional Markets Wall Street

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-25 @ 19:14:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 737 words

Reading Time: 5 minutes read

Sentences: 25 lines

Sentence Length: 30 words per sentence (average)

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

Copyright Owner: © The Star

News ID: 21772078

View Article Analysis

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: 48 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

Frequently Asked Questions