Jul
18

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Bursa’s weak results reflect gloomy stock market

Author: bicarajutawan | Category: Uncategorized

KUALA LUMPUR: Bursa Malaysia Bhd’s dismal second-quarter results released yesterday were in a way a reflection of the current malaise in the local stock market.

The benchmark KL Composite Index is down 26% year-to-date from its peak in January and most investors are keeping away from the equity market due to uncertainties in the global economy [...]