BURSA Malaysia pulled back from yesterday’s modest gains to close slightly lower on Wednesday, with weakness observed in more than half of the key index components, as investor sentiment remained uncertain ahead of the release of the US Federal Open Market Committee (FOMC) meeting minutes later tonight.
At 5 pm, the FBM KLCI fell 3.96 points, or 0.25 per cent, to 1,580.88 compared with Tuesday’s close of 1,584.84.
The benchmark index opened 1.62 points lower at 1,583.22 and moved between 1,578.89 and 1,583.75 throughout the day.
On the broader market, decliners thumped gainers 749 to 265 while 481 counters were unchanged, 830 untraded and 10 suspended.
Turnover fell to 3.42 bil units worth RM2.65 bil from 3.61 bil units worth RM2.64 bil yesterday. —Feb 19, 2025
Main image: News Straits Times
