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Bursa Malaysia extends fall as inflationary risks mount

KUALA LUMPUR: Stocks on Bursa Malaysia slid further on Friday after the previous day's decline as surging oil prices raised inflationary risks and the growing likelihood of a US rate hike in September.

The Star MalaysiaThe Star查看原文 ↗
马来西亚股市下跌延续,通胀风险加剧

KUALA LUMPUR: Stocks on Bursa Malaysia slid further on Friday after the previous day's decline as surging oil prices raised inflationary risks and the growing likelihood of a US rate hike in September.

According to Apex Securities, the return of West Texas Intermediate crude above US$100 and US Treasury yields hitting new highs raise the stakes ahead of Friday's crucial US consumer price index report.

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