FBM KLCI extends losing streak for 4th straight session

THE FBM KLCI has extended its decline for a fourth consecutive session on Wednesday, underscoring a deepening risk-off sentiment across Malaysia’s equity market, said an analyst.

At 5 pm, the FBM KLCI fell 4.07 points, or 0.26 per cent, to 1,544.80 from Tuesday’s close of 1,548.87.

The benchmark index opened 4.07 points higher at 1,552.94 and fluctuated between 1,542.47 and 1,553.84 throughout the trading session.

In the broader market, losers thumped gainers 649 to 342, while 464 counters were unchanged, 963 untraded, and seven suspended.

Turnover increased to 3.27 bil units worth RM2.16 bil against 2.61 bil units worth RM1.98 bil on Tuesday. —May 21, 2025

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