Bursa Malaysia closes lower on risk-off sentiment

BURSA Malaysia retreated from yesterday’s gains to close lower on Thursday as investors adopted a risk-off stance amid growing external uncertainties, said an analyst.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 2.11 points to 1,586.60 from Wednesday’s close of 1,588.71.

The market bellwether opened 0.72 of-a-point easier at 1,587.99 and moved between 1,583.45 and 1,588.29 throughout the day.

On the broader market, gainers led decliners 573 to 419, while 484 counters were unchanged, 912 untraded, and 97 suspended.

Turnover improved to 2.89 billion units worth RM2.45 bil from 2.81 billion units worth RM2.47 bil on Wednesday. – Feb 27, 2025

Subscribe and get top news delivered to your Inbox everyday for FREE