FBM KLCI continues slide amid heightened volatility, wall street sell-off

THE FBM KLCI extended its decline at Tuesday’s closing, reflecting increased volatility and mirroring the sharp sell-off in US equities as global risk aversion intensified.

At 5 pm, the FBM KLCI declined 16.31 points, or 1.06 per cent, to 1,520.15 from Monday’s close of 1,536.46.

The market bellwether opened 10.45 points lower at 1,526.01, and fluctuated between 1,514.48 and 1,527.19 throughout the day.

On the broader market, decliners thumped advancers 910 to 200, while 384 counters were unchanged, 880 untraded, and seven suspended.

Turnover advanced to 3.71 bil units worth RM3.29 bil from 3.10 bil units worth RM2.40 bil on Monday.—Mar 2, 2025

Main image: New Straits Times

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