Bursa Malaysia slides as Wall Street weakness, US inflation data dampen buying

Bursa Malaysia slides as Wall Street weakness, US inflation data dampen buying

Malay Mail Online - Money·2026-03-20 15:00

KUALA LUMPUR, March 19 — Bursa Malaysia opened lower today, with the benchmark index reversing early gains after opening higher, tracking overnight weakness on Wall Street.

Sentiment was dampened by a higher-than-expected US producer price index, which rose 0.7 per cent against a consensus forecast of 0.3 per cent, while the US Federal Reserve maintained its policy rate, a dealer said.

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