KLCI drifts lower as FTSE Russell keeps Malaysian bonds on review for downgrade

KLCI drifts lower as FTSE Russell keeps Malaysian bonds on review for downgrade

The Edge Markets - Malaysia·2019-09-27 09:11

KUALA LUMPUR (Sept 27): The FBM KLCI drifted lower in early trade Friday and remained below the 1,600-point level as investor sentiment stayed tepid as Malaysian bonds were kept review for a downgrade by index provider FTSE Russell.

FTSE Russell said on Thursday that Malaysian bonds, which were on review for a downgrade that would have excluded them from the index, were also retained on the watch list.

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