PETALING JAYA: The Malaysian stock market continues to reel from uncertainties over the future of the new government, and compounded by the worsening coronavirus (Covid-19) outbreak.
Nearly RM91bil had been wiped out of the local stock exchange, following the infamous “Sheraton Move” episode a week ago that led to the collapse of the Pakatan Harapan government.
The FBM Kuala Lumpur Composite Index (FBM KLCI) posted its largest weekly decline since June 2018 - down by 3.2% in the week of Feb 24-28.
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