Malaysian shares ended in the red zone on Wednesday, erasing gains from the previous session on profit-taking activities.
The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, shed 7.82 points to end 0.51% lower at 1,530.60. The day ranged between 1,528.52 and 1,536.58.
In economic news, Malaysia's producer price index edged up 0.3% in February, reversing a 0.6% drop in the preceding month, the Department of Statistics Malaysia said Wednesday.
Malaysia's terms of trade slid 1% to 1113.4 points in February versus a month earlier, but rose 3.4% versus a year ago, according to the Department of Statistics.
The nation's export unit value index edged up 0.1% during the month versus the previous month. Meanwhile, the import unit value index rose 1.1% in February versus the preceding month.
In corporate news, shares of the IT service management company Heitech Padu (KLSE:HTPADU) slumped over 13% today, and those of the information technology solutions provider Rexit (KLSE:REXIT) dropped about 12% on Wednesday's close.