Bursa ends lower as Middle East de-escalation hopes fade

2026-03-24 - 10:20

KUALA LUMPUR: Bursa Malaysia gave up early gains to close lower on Tuesday as risk appetite waned amid fading hopes of de-escalation in the Middle East conflict. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 11.95 points or 0.69% to 1,708.76 from last Thursday’s close of 1,720.71. The market opened 11.38 points higher at 1,732.09, and fluctuated between 1,704.06 and 1,732.09 throughout the day. Market breadth was negative with losers trouncing gainers 968 to 284. A total of 399 counters were unchanged, 1,114 untraded and 28 suspended. Turnover decreased to 3.35 billion units worth RM4.03 billion from last Thursday’s 3.36 billion units worth RM4.96 billion. MORE TO COME