Bursa Malaysia Continues Downward Trend Amidst Negative Sentiment

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Bursa Malaysia Continues Downward Trend Amidst Negative Sentiment
Bursa MalaysiaFBM KLCIStock Market
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Bursa Malaysia fell into negative territory again on Wednesday, with almost 1,000 counters closing in the red. The FBM KLCI dropped 14.34 points, or 0.91%, to 1,562.12, its lowest level since August 2024. Investors offloaded shares, reflecting weak market sentiment. The construction sector was hit hardest, falling 4.8%.

KUALA LUMPUR: Bursa Malaysia plunged into negative territory again on Wednesday, with almost 1,000 counters closing in the red as investors continued to offload shares amidst weak market sentiment.

Losers far outpaced gainers, with a stark 964 to 193 split, while 413 counters held steady, reflecting the negative sentiment in the market. The volume was 3.4 billion shares, which was valued at RM3.08bil.

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