Bursa retreats after early gains amid cautious sentiment
The main index slips 2.58 points to 1,723.15 due to persistent uncertainties in global markets.
Bursa Malaysia opened higher on Tuesday but subsequently retreated as investors remained cautious amid persistent uncertainties in global markets, according to an analyst from Rakuten Trade Sdn Bhd. The FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 2.58 points to 1,723.15 from Monday’s close of 1,725.73. Market breadth was positive, with gainers outpacing losers by 236 to 95.
Among heavyweights, Maybank, Public Bank, CIMB Group, Tenaga Nasional, and IHH Healthcare saw slight declines, while NationGate Holdings, GIIB Holdings, Kinergy Advancement, MAG Holdings, and NexG led the gainers. The broader indices showed mixed performances, with the FBM Mid 70 Index, FBM Emas Shariah Index, and FBM ACE Index advancing, while the FBM Emas Index and FBM Top 100 Index declined.
Brief written by urgent.news from Free Malaysia Today's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
