Bursa, Asian markets plunge as Ukrainian nuclear energy plant catches hearth

KUALA LUMPUR: Malaysian shares fell deeper into the purple as buyers have been spooked by stories of Ukrainian nuclear energy plant being hit throughout an assault by Russian navy.

At 12.30pm, the FBM KLCI was down 19.34 factors to 1,599.2 because the buyers took revenue off the desk amid the surging inflation and rising depth of the Russia-Ukraine conflict.

The market breadth was overwhelmingly damaging with 820 decliners in comparison with 169 gainers.

Among the many blue chips, sharp losses have been recorded throughout sectors.

Maybank misplaced eight sen to RM9.04, Tenaga Nasional dropped 12 sen to RM9.03 and Axiata dropped 10 sen to RM3.77.

Kuala Lumpur Kepong slid 92 sen to RM28.08, IOI shed 9 sen to RM4.54 and Sime Darby Plantation fell eight sen to RM5.18.

MPI led know-how shares decrease after falling RM1.66 to RM32.46 whereas D&O dropped 31 sen to RM4.02.

On the actives record, SMTrack was down 0.5 sen to 19.5 sen, Cap rose one sen to 2 sen and DNeX misplaced 0.5 sen to RM1.03.

In the meantime Asian markets have been sharply decrease on as fierce preventing continues across the web site of Europe’s largest nuclear energy plant within the Ukrainian metropolis of Enerdohar, which had caught hearth throughout a Russian assault.

Japan’s Nikkei dove 2.4%, South Korea’s Kosi fell 1.3% and China’s composite index slid 0.6%.

Hong Kong’s Cling Seng in the meantime plummeted 2.7% whereas Australia’s ASX200 dropped 0.8%.


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