Fears that a tsunami could hit other parts of the continent crushed already fragile confidence as markets across Asia fell like nine pins.
Read more: Tsunami fears drown Bursa, Asian markets http://www.btimes.com.my/Current_News/BTIMES/articles/KETNAMI/Article/#ixzz1GRQCsC2m
THE FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) and other Asian markets took a beating yesterday after Japan, the world's third largest economy, was hit by an 8.9 richter scale earthquake which unleashed a 10-metre high tsunami.
All the 30 component stocks of the FMB KLCI index closed the day in the red, shoving the benchmark index below the 1,500 points support level.
Fears that a tsunami could hit other parts of the continent crushed already fragile confidence as markets across Asia fell like nine pins.
Read more: Tsunami fears drown Bursa, Asian markets http://www.btimes.com.my/Current_News/BTIMES/articles/KETNAMI/Article/#ixzz1GRQCsC2m
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