Bursa Malaysia ends lower on weaker sentiment following Trump’s tariff announcement

Bursa Malaysia ended the week lower with the benchmark index declining 0.75 per cent, in tandem with regional markets performance as investor sentiment weakened following the US President Donald Trump’s tariff announcement.

At 5 pm, the FBM KLCI fell 11.90 points to 1,574.70 from Thursday’s close of 1,586.60.

The market bellwether opened 4.63 points lower to 1,581.97, its intraday high, and slipped to intraday low of 1,573.82 in the morning trading session.

On the broader market, decliners overwhelmed gainers 864 to 257, while 378 counters were unchanged, 878 untraded, and 67 suspended.

Turnover surged to 4.39 bil units worth RM6.45 bil from 2.89 bil units worth RM2.45 bil on Thursday. —Feb 28, 2025

Main image: New Straits Times

 

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