BURSA Malaysia closed lower on Friday, weighed down by heavy selling in technology, healthcare, and logistics stocks, as risk-off sentiment intensified following escalating geopolitical tensions and Washington’s plan to impose unilateral tariffs within the next two weeks.
At 5 pm, the FBM KLCI slipped 8.51 points, or 0.56 per cent, to 1,518.11 from Thursday’s close of 1,526.62.
The benchmark index opened 4.15 points weaker at 1,522.47 and fluctuated between 1,515.10 and 1,522.70 during the session.
Market breadth was bearish with losers thumping gainers 764 to 250, while 463 counters were unchanged, 944 untraded and 17 suspended.
Turnover improved to 2.88 bil units worth RM2.06 bil compared with yesterday’s 2.73 bil units worth RM2.07 bil. —June 6, 2025
