BURSA Malaysia erased early gains to close lower for the sixth consecutive day today, weighed down by selling pressure in regional emerging markets due to concerns over the ongoing US tariff conflict, said an analyst.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 5.10 points, 0.33%, to 1,503.25 from last Friday’s close of 1,508.35.
The benchmark index opened 4.37 points higher at 1,512.72 and moved between 1,497.42 and 1,514.12 throughout the trading session.
Market breadth was negative with decliners thumping gainers 705 to 297, while 423 counters were unchanged, 921 untraded and 15 suspended.
Turnover fell to 3.04 billion units valued at RM2.20 bil compared with last Friday’s 3.21 billion units worth RM5.04 bil.
Bursa Malaysia was closed on Monday in conjunction with the official birthday of His Majesty, Sultan Ibrahim, King of Malaysia. – June 3, 2025
