BERITA

Bursa Malaysia continues slide ahead of FOMC decision tonight

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 Market Committee (FOMC) decision later tonight.

The FTSE Bursa Malaysia KLCI (FBM KLCI) also remained in consolidation mode due to a correction following the recent prolonged rally.

At 5 pm, the FBM KLCI fell 9.17 points to 1,535.79 from yesterday’s close of 1,544.96.

The benchmark index, which opened 0.10 of-a-point firmer at 1,545.06, moved between 1,535.77 and 1,546 throughout the day.

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