Shares of Qantas Airways, Singapore Airlines and Japan Airlines fell over 5% as Middle East airspace closures stranded travellers worldwide.
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The main index drops 20.10 points to 1,696.51 from Friday’s close of 1,716.61 amid regional risk-off sentiment.
The local note eases to 3.8985/3.9205 against the US dollar as risk-off sentiment intensifies.
‘Borneo bloc’ will offer greater bargaining power, says analyst
Lee Kuok Tiung says the proposal is timely given that no single party or coalition currently dominates Malaysia’s political arena.
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