How much did the FBM KLCI fall in the morning session?

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The FBM KLCI declined by 39.09 points during the morning trading session.

The FTSE Bursa Malaysia KLCI (FBM KLCI) experienced a significant drop, closing the morning session at 1,404.47 points. This represents a decrease of 39.09 points, or 2.71 per cent, from its previous closing value of 1,443.56 on Tuesday. The index opened lower and traded within a range throughout the morning.
FBM KLCI's Morning Performance

The benchmark index commenced trading 6.55 points lower at 1,437.01. During the morning session, it fluctuated, reaching a low of 1,403.2 and a high of 1,438.99 before settling at 1,404.47. This downward trend reflects a subdued market sentiment.
Market Breadth and Turnover

The broader market also showed weakness, with decliners significantly outnumbering gainers. There were 862 stocks that fell compared to 185 that advanced, with 273 counters remaining unchanged. The total turnover for the morning session stood at 2.01 billion shares, valued at RM1.55 billion.
Factors Influencing the Decline

The decline in the FBM KLCI was attributed to renewed fears of aggressive tariff measures. Market participants were anticipating potential tariff responses, particularly from China, following sharp sell-offs in global risk assets. The confirmation of a 104 per cent tariff on China by the White House, citing China's failure to remove its own retaliatory tariffs, contributed to the negative bias.

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How much did the FBM KLCI fall in the morning session?

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