Bursa Ends Lower In Line With Regional Peers

Bursa Malaysia ended lower on Wednesday in tandem with its regional peers, jittered by uncertainties over the US interest rates path as well as the health of China’s economy after the release of its 2023 gross domestic product (GDP), a dealer said.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 2.66 points to 1,491.21 from Tuesday’s (Jan 16) close of 1,493.87.

The KLCI opened 1.98 points easier at 1,491.89, and moved between 1,487.52 and 1,494.32 during the trading session.

On the broader market, decliners thumped gainers 832 to 265, while 385 counters were unchanged, 761 untraded and 18 others suspended.

Turnover decreased to 5.23 billion units worth RM3.17 billion from 5.84 billion units worth RM3.59 billion on Tuesday, Bernama reported.

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