FTSE Bursa Malaysia crashes over 1% amid announcement of work from home for Malaysian civil servants
New Delhi, April 2 -- The Malaysian stock market came under selling pressure on Thursday, April 2, following the risk-off sentiment globally after US President Donald Trump's comments on the Middle East war and after the work-from-home mandate for employees of government ministries, agencies and state-owned companies.
The FTSE Bursa Malaysia KLCI tanked 1.17% to the day's low of 1,688.89 today. At the time of writing this report, the index was last down 0.62% at 1,698.
In a bid to bring down energy costs amid soaring fuel prices due to the conflict in the Middle East, Prime Minister Anwar Ibrahim announced work-from-home for government workers from April 15.
"The aim is to reduce fuel consumption and ensure the sustainability of energy...
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