FBM KLCI tumbles 20 points, ringgit decline on Parliament dissolution


KUALA LUMPUR: The FBM KLCI tumbled 1.5% after Prime Minister Datuk Seri Ismail Sabri Yaakob announced the dissolution of parliament on Monday to make way for the 15th general election (GE).

The market barometer lost 20.81 points, or 1.48% to 1,385.19 at midday, with 26 of the KLCI component stocks in the red.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

FBM KLCI , Bursa Malaysia , GE , KLCI

   

Next In Business News

Sime’s bold rebrand signals modern focus
Bank Negara allows MDBs and DFIs to issue ringgit bonds
Fare deals open doors for inDrive
Schooling kids on money use
Stingless bee honey causing a buzz
Boxed-in markets seek safety
MSC posts RM14mil net profit in third quarter
Strained by lack of positive catalysts
GST revival off the table as government expands the SST
The spirit of enterprise

Others Also Read