BURSA Malaysia ended lower on selling activities in the financial services and industrial products and services sectors’ heavyweights amid tensions between US President Donald Trump and Federal Reserve chair Jerome Powell.
The tensions, coupled with global uncertainty, have sparked investors’ concern, prompting them to remain cautious.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 13.22 points or 0.88% to 1,486.25 from Monday’s close of 1,499.47.
The benchmark index opened 7.03 points lower at 1,492.44 and moved between 1,482.70 and 1,492.44 during the early session.
Market breadth was negative, with decliners outpacing gainers 631 to 302, while 397 counters were unchanged, 1,095 untraded and 30 suspended. – April 22, 2025
Main image: Malay Mail
