Bursa Malaysia pares earlier losses to end slightly lower

BURSA Malaysia ended marginally lower on Monday, with the benchmark index paring its earlier losses after rebounding strongly from intraday lows amid heavy selling in the morning session.

IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan said market sentiment remained driven by global macroeconomic and geopolitical developments, as investors weighed artificial intelligence’s long-term earnings potential against rising costs, demanding valuations, and the fragile US-Iran ceasefire.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 1.83 points to 1,665.91 from Friday’s close of 1,667.74.

The benchmark index opened 1.04 points higher at 1,668.78, slid to an intraday low of 1,655.28 in the mid-morning session before hitting a high of 1,669.21 in late afternoon.

Market breadth was positive, with gainers outnumbering losers 554 to 481, while 555 counters were unchanged, 1,153 untraded, and 133 suspended.

Turnover dwindled to 2.71 billion units valued at RM2.13 bil against 2.93 billion units valued at RM2.26 bil last Friday. ‒ June 29, 2026

 

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