What is happening to KLSE in afternoon session?

KLSE was down 13 points, it dived from positive area to deep red. It almost down 20 points from afternoon session.

The KLCI started to go down once the afternoon session open for trading.

The dropped could be due to Moody's downgrades Japan's credit rating citing the country's weak growth prospects, large budget deficits, massive government debt and also political uncertainty.

This is going to be another blow Japan economy after being affected by March deadly earthquake and tsunami.

Lets hope this world third largest economy will bounce back soon.