Bursa Dips, In Line With Weak Regional Performance

Bursa Malaysia ended lower on Wednesday (April 26), in line with regional markets after Wall Street fell overnight, as fears of a banking crisis in the US resurfaced, an analyst said.

At 5pm, the FBM KLCI had lost 10.94 points, or 0.77%, to 1,414.25, from Tuesday’s close at 1,425.19.

The barometer index opened 3.22 points weaker at 1,421.97, and moved between 1,412.75 and 1,422.48 throughout the day.

Market breadth was negative, with decliners leading gainers 473 to 349, while 414 counters were unchanged, 1,058 untraded, and 25 others suspended.

Turnover was slightly lower at 2.55 billion units valued at RM1.54 billion, from 2.56 billion units valued at RM1.54 billion on Tuesday.

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