Key Asian markets, Bursa slide in early trade

TheStar Mon, Mar 30, 2020 09:30am - 4 years View Original


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KUALA LUMPUR: Key Asian markets including Bursa Malaysia kicked off the new week on a weak footing as uncertainties over the prolonged Covid-19 weighed on investor confidence.

At 9.18am, the FBM KLCI was down 14.62 points or 1.09% to 1,328.47. Turnover was 372.54 million shares valued at RM175.21mil. There were 126 gainers, 371 losers and 165 counters unchanged.

Bloomberg reported stocks retreated along with crude oil, and the dollar snapped a four-day slide as investors took in weekend developments that underscored a long road ahead to defeat the coronavirus.

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