Late selling drags Bursa Malaysia to end at intraday low ahead of 13MP, FOMC announcements

BURSA Malaysia ended at its intraday low today, pressured by late selling as investors positioned themselves ahead of the 13th Malaysia Plan (13MP) announcement on Thursday.

Apart from that, investors are awaiting fresh catalysts from the outcomes of the United States Federal Open Market Committee (FOMC) meeting scheduled on July 29-30, amid ongoing US-China trade talks in Stockholm.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 5.56 points, or 0.36%, to close at 1,523.82 from Monday’s close of 1,529.38.

The benchmark opened 0.20 of-a-point firmer at 1,529.58 and subsequently hit its highest level of 1,537.62 in early trade before trending downward for the rest of the day.

In the broader market, losers led gainers 603 to 365, while 506 counters were unchanged, 1,047 untraded and 44 suspended.

Turnover improved to 3.36 billion units worth RM2.18 bil from 3.0 billion shares worth RM2.30 bil on Monday. ‒ July 29, 2025

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