US tariff jitters drag FBM KLCI lower for second day

bursa

BURSA Malaysia ended lower for a second straight session on Tuesday, bucking the regional uptrend, as investor sentiment remained cautious amid renewed concerns over US tariffs, analysts said.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) shed 7.40 points, or 0.48%, to 1,530.14 from Monday’s close of 1,537.54.

The benchmark index opened 7.85 points lower at 1,529.69 and moved between 1,526.27 and 1,531.14 throughout the day.

Market breadth was negative, with 550 decliners outpacing 399 gainers. A total of 490 counters were unchanged, while 966 were untraded and nine suspended.

Turnover narrowed to 3.06 billion shares worth RM2.20 bil, compared with 3.57 billion shares worth RM2.49 bil on Friday. ‒ July 8, 2025

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