Bursa Malaysia ends lower ahead of US CPI data

SPI Asset Management's Innes said Bursa Malaysia is coming off a sizzling rally, attributed to the improving global goods cycle and product-specific trends.

PETALING JAYA: Bursa Malaysia reversed its gains on Tuesday to end lower in sync with the downbeat regional market performances, weighed down by cautious sentiments ahead of the release of the US consumer price index (CPI) data today.

At 5pm yesterday, the FBM KLCI slid 11.97 points to 1,486.86 from Tuesday’s close of 1,498.83.