Mar­ket closes broadly lower

The Star Malaysia - StarBiz - - Stocks -

BURSA Malaysia closed broadly lower as con­tin­u­ous weak mar­ket sentiment curbed in­vestors risk ap­petite, with sell­ing mostly spot­ted in small-cap­i­tal­i­sa­tion stocks and heavy­weights.

The bench­mark FBM KLCI closed 0.98 of-apoint eas­ier at 1,819.66.

Mov­ing in a choppy pat­tern, the key in­dex fluc­tu­ated be­tween 1,817.83 and 1,823.24 through­out the day amid mixed per­for­mance in Asian mar­kets.

“Sentiment in the mar­ket was clouded by in­vestors’ cau­tious mode due to the trade spat be­tween US and China with tar­iffs sched­uled for next week hurt­ing out­look for global trade de­spite the US-Mex­ico deal,” a dealer told Bernama. — Bernama


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