Bursa Malaysia ends lower on profit-taking, trade tariff concerns

BURSA Malaysia ended lower today, weighed down by persistent profit-taking amid ongoing concerns over global trade tariffs.

At 5 pm, the FBM KLCI slipped 9.51 points, or 0.64 per cent, to 1,476.92 compared to Tuesday’s close of 1,486.43.

The benchmark index opened 0.02 of-a-point higher to 1,486.45 and moved between 1,472.84 and 1,487.50 throughout the day.

In the broader market, decliners outpaced gainers 573 to 320, while 434 counters were unchanged, 1,071 untraded, and nine others suspended.

Turnover slipped to 3.00 billion units valued at RM1.65 bil from 3.36 bil units valued at RM1.91 bil on Tuesday.—Apr 16, 2025

 

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