Bursa Malaysia erases earlier gains to end lower

BURSA Malaysia failed to sustain its earlier gains recorded for most part of today to end lower on late selling, amid a mixed performance across regional markets.

At 5 pm, the FBM KLCI slid 2.68 points to 1,523.48 from Tuesday’s close of 1,526.16.

The benchmark index opened 3.98 points higher at 1,530.14, and subsequently hit the day’s high of 1,532.90 in early trade before losing its steady momentum to close at its intraday low.

In the broader market, decliners beat gainers 474 to 435, with 499 counters unchanged, 988 untraded  and 50 suspended.

Turnover declined to 2.50 bil units worth RM2.03 bil compared with Tuesday’s 2.65 bil units worth RM1.85 bil. —May 28, 2025

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