Friday 30 December 2016

Bursa Malaysia. Sun Goes Down

Is a massive 2015 hit for Robin Schulz and Jasmine Thompson, taken from the album prayer.

The Malaysian stock market needs more than a PRAYER, after its key KLCI index closes in the red for the THIRD year running.

The SUN Goes Down on the KLCI for 2016 with a three per cent loss while the Ringgit ends at 4.486 against the dollar, for its poorest close since 1998.

The poor KLCI performance is against a backdrop of the MSCI All Country World Index, closing up by 5.7 per cent for its strongest close since 2013.