Bursa Closes Lower, Tracking Weak Global Sentiment

Bursa Malaysia ended lower for the second consecutive day on Tuesday, tracking the weak global sentiment due to the Middle East conflict, said an analyst.  

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 7.53 points, or 0.49%, to 1,535 from Monday’s close of 1,542.53.

The benchmark index, which opened 1.45 points lower at 1,541.08, moved between 1,532.49 and 1,541.59 throughout the trading session.

Market breadth was negative with decliners overwhelming gainers 1,159 to 133, while 275 counters were unchanged, 785 untraded, and 11 others suspended.

Turnover increased to 4.33 billion units worth RM3.05 billion from 4.28 billion units worth RM3.25 billion on Monday, Bernama reported.

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