The FBM KLCI index lost 10.18 points or 0.62% on Monday.
|FBM KLCI index dropped by 0.62%|
US FED RATE ANTICIPATION AND LOW CRUDE OIL PRICES HIT BURSA MALAYSIA
US policy makers will meet tomorrow (Dec 15) and on Wednesday (Dec 16) to decide on the country's monetary policy. A US rate hike does not bode well for emerging Asian markets like Malaysia as investors turn their attention to US dollar-denominated assets.
A US rate hike will be the country's first increase in about seven years from near-zero levels.
|Newly listed Red Sena Bhd led the top active today|
|British American Tobacco was the biggest loser|
|AJI and KLUANG were both in the top gainers for the day|