Bursa closes lower, in sync with regional peers

Quick Summary:

The FBM KLCI reversed Tuesday’s gains to close lower yesterday, as investors took profit amid the negative performance of regional peers.

At 5pm, the FBM KLCI fell 14.96 points or 0.92% to end at its intraday low of 1,614.83 from Tuesday’s close of 1,629.79.

He said investors remained cautious, with many refraining from taking significant positions ahead of key US employment data due later this week.

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Category: EconomyBusiness

Markets: MalaysiaChinaSingapore

Topics: MarketSentiment Markets AsianIndices /Business/Business News EconomicUncertainty FBMKLCI ProfitTaking USDataImpact

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-09 @ 00:00:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 449 words

Reading Time: 3 minutes read

Sentences: 13 lines

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Copyright Owner: © The Star

News ID: 24985711

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Main Topics: EconomyBusiness

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