So, Bursa Malaysia closed in the red yesterday but maintained above 1,500 level. This is mainly due to selling in heavyweight players, including several Petronas linked companies. Oil prices lost more than 5% on Wednesday due to the rise of new coronavirus cases around the world. The IMF has also cut its economic forecast for 2020 to negative 4.9%. What will the future hold? Only time will tell.
#Malaysia# #trading# #FOLLOWSTAR#
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