THE FBM KLCI pared earlier losses to end almost unchanged on Wednesday, declining by only 0.06 per cent, after Bank Negara cut the benchmark interest rate.
The Malaysian central bank’s monetary policy committee has reduced the overnight policy rate (OPR) by 25 basis points to 2.75 per cent
At 5 pm, the FBM KLCI eased 0.90 points to 1,529.24 from Tuesday’s close of 1,530.14.
The benchmark index had started the day 1.14 points lower at 1,529.0 and moved to a high of 1,532.62 during the morning session before slipping to 1,523.21 at mid-afternoon.
The market breadth was positive, with 559 gainers outpacing 371 decliners. A total of 525 counters were unchanged, while 952 were untraded and nine were suspended.
Turnover narrowed to 2.95 bil shares worth RM1.99 bil, compared with 3.06 bil shares worth RM2.20 bil on Tuesday. —July 9, 2025
