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Market Daily Report: Bursa Malaysia Ends Higher On Bargain Hunting, Tracks Wall Street Gains

KUALA LUMPUR, March 25 (Bernama) -- Bursa Malaysia closed higher today, boosted by bargain hunting following yesterday’s weakness and supported by positive cues from Wall Street overnight. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose by 9.78 points, or 0.65 per cent, to 1,513.60 from Monday’s close of 1,503.82. The benchmark index opened 6.25 points higher at 1,510.07, and moved between 1,509.40 and 1,515.87 throughout the day.  On the broader market, gainers led decliners 523 to 392, while 416 counters were unchanged, 1,105 untraded and 16 suspended. Turnover improved to 3.12 billion units worth RM2.50 billion from 3.01 billion units worth RM1.92 billion yesterday. 
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NVIDIA GTC 2025: Breakthrough AI Chips & Innovations, But Market Reactions Are Mixed

At NVIDIA's  2025 GTC conference , CEO  Jensen Huang  introduced the  GB300 AI chip  — a significant performance boost over its predecessor, the GB200. Expected to start shipping in the latter half of the year, this chip promises stronger performance for  AI applications . But Huang didn’t stop there — he also unveiled  Vera Rubin , the next-generation AI super chip, which could increase performance by 3.3x compared to the GB300. Huang's excitement about  AI's growth potential  was evident, especially with the introduction of  Rubin Ultra , which could deliver 14 times the performance of the GB300. He also previewed future  NVIDIA chips  like  Feynman , signaling the company’s ambitions to dominate  AI technology  and  high-performance computing . Key Highlights from NVIDIA GTC 2025: AI Chip Advancements: GB300:  1.5x stronger than last year's GB200; launching later in 2025. Vera Rubin (2026):  3.3...
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Recession Isn't Biggest Risk for Markets, Says Boivin

  Key Takeaways: Rate Adjustments & AI Outlook:  The Federal Reserve’s projected interest rate adjustments are likely to have a limited effect on equity markets in the short term. While some may fear that higher rates will constrain growth, the real driver of returns, particularly in the U.S., will be advancements in Artificial Intelligence (AI), which continues to be viewed as a powerful growth engine. Tariffs and Economic Resilience:  The biggest risk to the market is not a recession, but rather long-term decisions regarding infrastructure and fiscal policies that could reduce structural growth in the U.S. Even with rising tariffs, the economy has shown resilience, and the focus should be on how these decisions impact long-term growth rates, rather than short-term market dips. China vs. U.S. in AI Development:  Both the U.S. and China stand to benefit from the AI revolution, but the U.S. is seen as having a more favorable macro environment, making it the strong...
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