Historic oil price plunge sees stocks skid, KLCI slides 2%

TheStar Tue, Apr 21, 2020 11:35am - 4 years View Original


market down

KUALA LUMPUR: Shares of oil and gas companies on Bura Malaysia fell in late morning trade on Tuesday after US light crude oil prices saw a historic plunge below zero and impacting key Asian markets.

At 11.15am, the FBM KLCI was down 27.71 points or 1.96% to 1,385.41. Turnover was 3.41 billion shares valued at RM1.32bil.

Decliners hammered advancers 805 to 103 or eight losers to one gainer and 198 counters were unchanged.

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