GAINS in Axiata, Tenaga Nasional, and Maybank helped Bursa Malaysia’s main index pare earlier losses, ending marginally lower amid the ongoing concerns about US inflation and President Donald Trump’s reciprocal tariff threat.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 0.96 of-a-point to 1,589.95 compared with last Friday’s close of 1,590.91.
The benchmark index opened 3.26 points lower at 1,587.65 and moved between 1,584.20 and 1,590.49 during the session.
The broader market remained negative, with losers outpacing gainers 589 to 366, while 503 counters were unchanged, 872 untraded and 22 suspended.
Turnover improved to 3.0 billion units worth RM1.85 bil from 2.93 billion units valued at RM2.22 bil on Friday. – Feb 10, 2025
