Bursa Malaysia closes lower in line with regional peers, FBM KLCI hits intraday low

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KUALA LUMPUR, Jan 8 — The FTSE Bursa Malaysia KLCI (FBM KLCI) reversed yesterday’s gains to close lower on Wednesday as...

KUALA LUMPUR, Jan 8 — The FTSE Bursa Malaysia KLCI (FBM KLCI) reversed yesterday’s gains to close lower on Wednesday as investors took profit amid the negative performance of regional peers.

UOB Kay Hian Wealth Advisors head of investment research Mohd Sedek Jantan noted that major Asian indices followed Wall Street’s downbeat performance, driven by the ripple effects of a broad-based selloff in US Treasuries.

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Category: EconomyBusiness

Markets: MalaysiaCanadaChinaMexicoSingapore

Topics: Bursa Malaysia

Source Website Secure: Yes (HTTPS)

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Article Type: News Report

Published On: 2025-01-08 @ 18:28:22 (22 hours ago)

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Language: English

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