FBM KLCI extends decline to hit 1,600 points

Quick Summary:

The FBM KLCI extended its decline for a second consecutive day, as investor sentiment remained pressured by rising external risks, particularly weak economic growth in China and stronger-than-expected US economic data.

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The FBM KLCI has dropped more than 40 points year-to-date.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChina

Topics: MarketDecline TradePolicy FBMKLCI InvestorSentiment EconomicOutlook USEconomy Markets /Business/Business News ChinaGrowth

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-10 @ 00:00:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 289 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 33 words per sentence (average)

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

Copyright Owner: © The Star

News ID: 25013391

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 42 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 53 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Publisher ID: #22

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