YTL counters weigh on FBM KLCI as DeepSeek AI disrupts tech landscape

Quick Summary:

KUALA LUMPUR: The FBM KLCI continued to record losses as it headed into the lunch break with YTL-related counters dragging on the index.

Of actives, Oriental Kopi slipped 1.5 sen to 83.5 sen, MYEG dropped 0.5 sen to 95.5 sen and Harvest Miracle rose 0.5 sen to 18.5 sen.

China's composite index rose 0.3% to 3,262 and Hong Kong's Hang Seng gained 1% to 20,259.

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Category: EconomyBusiness

Markets: MalaysiaChinaHong KongJapanSingapore

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

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-27 @ 12:48:00 (3 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 364 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © The Star

News ID: 25484061

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

Year Established: 1971

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News Last Updated: 1 days ago

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