FBM KLCI tumbles 17 points, Fed rate hike worries


KUALA LUMPUR: The FBM KLCI slumped more than 1% on Monday, with major regional markets in the red, as investors evaluate the risks of interest rate hikes by the US Federal Reserve.

At 5pm, the 30-stock index tumbled 17.07 points, or 1.13% to 1,487.37, its lowest in about three weeks.

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FBM KLCI , Bursa Malaysia , KLCI

   

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