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[11 Mar 2008 | No Comment | 830 supporters]

Malaysian stocks tumbled the most in a decade today with government-linked companies hardest hit after the weekend’s political upsets.
At 2:58pm, trading was stopped for an hour as the Kuala Lumpur Composite Index (KLCI) fell 130.01 points to 1,166.32, from the previous day’s closing level 1,296.33 – about 10.03 percent.
Trading resumed at 3:58pm, and the stock market recovered slightly.
After it closed for the day at 5pm at 1,117.2, a drop of 123.11 or 9.5 percent.
This was the biggest one-day percentage loss in recent years. The turnover was valued at RM2.47 billion.
State-owned …