Bursa hits lowest level since December 2011


An analyst says the FBM KLCI is expected to keep to its downtrend and test the 1,480 benchmark if political uncertainty persists till the end of the day. – EPA pic, February 24, 2020.

THE local bourse continues to be spooked by uncertainty following Dr Mahathir Mohamad’s resignation as prime minister and Bersatu chairman, marking his possible exit from politics.

When the market resumed after lunch, the FTSE Bursa Malaysia KLCI (FBM KLCI) declined 42.78 points, or 2.79%, to 1,488.22.


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