BURSA Malaysia ended with notable declines as the latest United States inflation data strengthened expectations that the Federal Reserve (Fed) would maintain interest rates.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) sank 10.77 points to 1,592.28 compared to yesterday’s close of 1,603.05.
The market barometer opened 1.07 points lower at 1,601.98 and moved between 1,592.20 and 1,605.48.
Decliners outpaced gainers 573 to 422 while 478 counters were unchanged, 845 untraded and 23 suspended.
Turnover narrowed sharply to 2.56 billion units worth RM2.22 bil from 3.15 billion units worth RM2.66 bil on Wednesday. – Feb 13, 2025
