During the week just-ended, Bursa Malaysia traded mostly lower in the absence of positive catalysts to spark buying interest, while the weaker sentiment was also clouded by insipid global economic growth. — Picture by Hari Angara
“The Reserve Bank of Australia will also announce its decision on policy rates on the same day. The market consensus is for the RBA to cut the cash rate by 25-basis points to 1.25 per cent,” Mohd Afzanizam added. The FBM Ace Index declined 147.81 points to 4,646.03 and the FBM 70 shrank 209.34 points to 14,521.39.
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