Bursa Malaysia Ends Little Changed On Subdued Trading
By Siti Radziah Hamzah
KUALA LUMPUR, April 21 (Bernama) -- Bursa Malaysia's benchmark index closed flat to settle at slightly below the 1,500-mark on Monday as investors balanced persistent global uncertainties with signs of underlying domestic resilience, said an analyst.
At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) inched up 0.07 of-a-point to 1,499.47 compared to Friday's close of 1,499.40.
The benchmark index opened 2.68 points higher at an intraday high of 1,502.08 and hit an intraday low of 1,494.27 during the early afternoon session.
In the broader market, decliners outpaced gainers 512 to 308, while 463 counters were unchanged, 1,142 untraded, and 39 others suspended.
Turnover dwindled to 1.53 billion units valued at RM1.19 billion against Friday's 1.69 billion units valued at RM1.24 billion.
UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan said while external headwinds, including trade negotiations and economic data variability, continued to shape sentiment, today's market activity appeared to be a natural pause following last week's 3.0 per cent rebound.
He added that the moderation is likely temporary as markets digest recent gains and await further clarity on key developments.
Mohd Sedek noted that much of the market's current tone reflects caution around the US President Donald Trump administration's evolving tariff agenda.
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