KUALA LUMPUR: Bursa Malaysia closed lower on Friday as investors turned cautious amid growing external uncertainties, with escalating Israel-Iran tensions weighing on sentiment.
The FBM KLCI ended 8.51 points, or 0.56%, lower at 1,518.11, recovering slightly from an intraday low of 1,515.10 and snapping a two-day winning streak.
Over the week, however, the index still posted a modest gain of 0.09%.
In the broader market, selling dominated as 764 stocks fell and only 250 rose, pushing market breadth down to 0.33. With losers outpacing gainers by over three to one, it was clear that the bears were in control of the market.
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