Bursa on the back foot at mid-day
KUALA LUMPUR, April 25 — Bursa Malaysia stayed lower at mid-day on continued profit-taking in most index-linked counters, weighed down by investors’ fears over slowing global economic growth and declining oil prices, dealers said.
The benchmark index opened 0.67 point easier at 1,637.34 and moved between 1,632.51 and 1,640.13 throughout the morning session. “Investors were dealt with another economic reality check as financial data from Europe remains as poor as ever, this despite a chorus of global central banks stimulus. Meanwhile, benchmark Brent crude eased 0.01 per cent to US$73.85 per barrel at 23.58pm Central Daylight Time .
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