Regional markets suffer meltdown, FBM KLCI down 5.26pct
Published: Mar 13, 2020 2:56 AM | Updated: Mar 13, 2020 11:42 AM
The FTSE Bursa Malaysia KLCI Index has slid to 1,325.20, down 80.05 points or 6.64 percent from yesterday's close, just an hour after markets opened as Wall Street suffered its worst one-day performance in 33 years.
The index opened four percent lower than yesterday's closing as US and European countries enact travel restrictions to contain the Covid-19 virus outbreak crude while oil prices slide towards US$30 a barrel.
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