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Bursa opens lower amid high oil prices, AI uncertainty

The main index eases 6.74 points to 1,691.27 after closing at an intraday high on Monday.

Bursa opens lower amid high oil prices, AI uncertainty

Bursa Malaysia's key index, the FBM KLCI, opened lower on Tuesday due to elevated crude oil prices and uncertainty surrounding artificial intelligence (AI) development. The index closed at 1,691.27, down 0.39% from Monday's close of 1,698.01. The market breadth was almost equal, with gainers leading losers 180 to 179. Among the top gainers were Zetrix AI, MQ Technology, and Butterfield, while top losers included Petronas Gas, Petronas Chemicals, and Kuala Lumpur Kepong.

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.

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