Malaysian Shares Mark Four-Day Losing Streak; XOX Shares Slump Over 33%
Malaysian Shares Mark Four-Day Losing Streak; XOX Shares Slump Over 33%
In economic news, Finance Minister II Amir Hamzah Azizan expects the Malaysian economy to expand between 4% and 5% in 2024, on the back of export recovery and resilient domestic demand. Malaysian shares extended their losing streak for a fourth consecutive day on Wednesday despite an upbeat economic outlook from the government.
尽管政府对经济前景持乐观态度，但马来西亚股票在周三延续了为期四天的下跌趋势。
The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, shed 2.54 points to end 0.16% lower at 1,608.95.
马来西亚股票的主要指数富时布尔萨马来西亚综合指数下跌2.54点，收于1608.95点，下跌0.16%。
The index slightly opened higher but kept paring gains throughout the day. The day range was between 1,608.95 and 1,618.99.
指数略有上升，但在全天不断回落。当天的区间在1608.95和1618.99之间。
In economic news, Finance Minister II Amir Hamzah Azizan expects the Malaysian economy to expand between 4% and 5% in 2024, on the back of export recovery and resilient domestic demand.
在经济方面，财政部第二部长阿米尔·汉扎·阿齐赞预计马来西亚经济将在2024年因出口复苏和国内需求强劲而增长4%至5%。
Meanwhile, Prime Minister Anwar Ibrahim met with his Singapore counterpart Lawrence Wong on Wednesday to discuss ways to boost bilateral relations. This marks Wong's first visit since he was sworn in as the Prime Minister.
与此同时，马来西亚总理安华·易卜拉欣周三会见了新加坡总理黄循财，讨论推进双边关系的方式。这是黄循财就任总理后的首次访问。
In corporate news, shares of the mobile virtual network operator XOX (KLSE:XOX) dropped over 33%, while those of laundry equipment and medical devices manufacturer BCM Alliance (KLSE:BCMALL) fell 25%.
在公司新闻方面，移动虚拟网络运营商XOX（马来西亚交易所：XOX）股价下跌超过33%，而洗衣设备和医疗设备制造商BCM Alliance（马来西亚交易所：BCMALL）股价下跌了25%。
