Malaysian shares ended in the red territory on Tuesday, paring gains of the previous session.

The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, shed 1.70 points to end 0.11% lower at 1,602.34. The day range was between 1,601.02 and 1,608.88.

In economic news, Malaysia's trade balance continued to be a surplus of 12.0 billion ringgit in October, albeit plunging 7.6% from 13.0 billion ringgit a year earlier, according to data released by the country's Department of Statistics. Exports increased 1.6% year over year in October to 128.1 billion ringgit. Imports, meanwhile, rose 2.6% to 116.1 billion ringgit versus a year ago, the department said.

In corporate news, shares of the construction engineering firm Tuju Setia (KLSE:TJSETIA) jumped 7% on Tuesday's close after it set the issue price of its private placement at 0.22 ringgit per share.

Meanwhile, shares of TSH Resources (SGX:TSH, KLSE:TSH) slid about 2% in Malaysia after the company said it produced 70,884 metric tons of fresh fruit bunches, which are the primary raw material for palm oil production. TSH Resources also produced 17,678 metric tons of crude palm oil, 3,804 metric tons of palm kernel, and 67,320 kilograms of rubber during the month.

Shares of the printing services provider Nextgreen Global (KLSE:NGGB) slid marginally after it fixed the issue price for the private placement at 0.89 ringgit per share.