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Bursa Malaysia made a strong comeback on Tuesday, ending higher with the FTSE Bursa Malaysia KLCI (FBM KLCI) gaining 37.91 points or 2.46%, closing at 1,574.39. This recovery followed Monday’s global stock market turmoil, which had seen dramatic losses across the board. The market bellwether opened at 1,542.14, dipping to a low of 1,529.09 before climbing throughout the day.
Regional markets also saw positive movements, with Japan’s Nikkei 225 rebounding sharply by 10.23% to 34,675.46 after its worst drop since 1987. China’s Shanghai SSE Composite Index and Indonesia’s ID Composite also posted gains of 0.23% and 1.31%, respectively.
On Bursa Malaysia, gainers outnumbered decliners 1,083 to 309. Despite this recovery, turnover fell to 6.39 billion units worth RM5.31 billion, down from Monday’s higher volumes.
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