KUALA LUMPUR, March 20 — Bursa Malaysia continued its downtrend to close lower for the second consecutive day as the markets anxiously awaited the United States (US) Federal Open...
KUALA LUMPUR, March 20 — Bursa Malaysia continued its downtrend to close lower for the second consecutive day as the markets anxiously awaited the United States Federal Open Market Committee decision later tonight.
Turnover slid to 3.82 billion units worth RM2.66 billion from 4.06 billion units worth RM3.09 billion yesterday. Meanwhile, Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said key regional indices finished mostly higher following positive cues from Wall Street overnight. “On the local front, while the market anticipates a brief pause for the bulls after last week’s strong rally, the index has maintained its position above all Exponential Moving Averages .
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