# Sentiment bearish, market to decline | Borneo Post Online

> The FBM KLCI fell 1.4 per cent in the week to 1,643.63 points on economic growth worries and a weaker ringgit. Foreign institutions continued to sell, and the government's dispute with the EU over palm oil biofuel phase-out drew investor attention.

- Date: 2019-03-30 · published 2019-03-30T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/60367-sentiment-bearish-market-to-decline-borneo-post-online
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Market weakness and palm oil policy friction from the EU phase-out can influence sentiment on palm oil export demand and pricing.

## Read by commodity

- PALMOIL: neutral

## Sources

- theborneopost.com: https://www.theborneopost.com/2019/03/31/sentiment-bearish-market-to-decline/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.