KUALA LUMPUR: Public Bank and power giant Tenaga Nasional led the FBM KLCI deeper into the red early Wednesday, trekking the key Asian markets but trading volume is expected to be thin ahead of the long weekend.
KUALA LUMPUR (June 25): The FBM KLCI opened at its intra-day high of 1707.02 points today, but it went downhill from there as investors remained wary about the threat of the trade war between the two economic giants, US and China.
At 5pm, the benchmark index settled at an intra-day low of 1678.10 points, down 16.05 points or 0.95%.
When contacted, Areca Capital Sdn Bhd chief executive officer Danny Wong told theedgemarkets.com that the KLCI was dragged mainly by the banking sector today, which saw CIMB Group Holdings Bhd leading the fall.
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HANGZHOU, China (June 25): Growing up in the Chinese port city of Dalian in the 1990s, Zhang Hongchang spent hours immersed in Japanese cartoons like Dragon Ball and Naruto.
China’s home-grown cartoons paled in comparison to the Japanese anime series on television and in comic books that captured the imaginations of Zhang and his generation.