BURSA Malaysia closed lower for a fourth consecutive day today in tandem with the weak regional market performance on trade war concerns following the United States’ confirmation of its tariff imposition on Mexico, Canada and China, effective today.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 15.73 points or 1.0% to 1,555.66 from yesterday’s close of 1,571.39.
The market bellwether opened 9.69 points lower at 1,561.70 and moved between 1,555.04 and 1,564.26 throughout the day.
On the broader market, decliners trounced gainers 840 to 140, while 514 counters were unchanged, 837 untraded, and six suspended.
Turnover advanced to 3.81 billion units worth RM3.04 bil from 3.18 billion units worth RM2.44 bil yesterday. – March 4, 2025
