KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia’s main index closed lower on Friday after a choppy session, while buying interest shifted to smaller-cap stocks, particularly technology and construction counters. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 9.18 points, or 0.54 per cent, to 1,665.56, from Thursday’s close of 1,674.74. The benchmark index opened 1.98 points higher at 1,676.72 and moved between 1,661.79 and 1,677.83 throughout the session. Market breadth, however, remained positive, with 625 gainers against 564 decliners. A total of 505 counters were unchanged, 1,172 were untraded, and 22 were suspended. Turnover surged to 4.91 billion units worth RM4.87 billion, from 3.60 billion units valued at RM3.25 billion on Thursday.
U.S. 10Y touches 5%, AI stocks tumble and oil stays above US$105 markets brace for tomorrow’s Fed decision Global markets enter Tuesday with three pressure points converging: U.S. borrowing costs briefly crossed 5%, oil remains above US$100, and the AI trade suffered a sharp reset overnight . The S&P 500, Dow and Nasdaq all closed lower Monday, while the Philadelphia semiconductor index plunged 5.9% . For Malaysian investors, there was one encouraging counterpoint: the FBM KLCI rebounded 0.66% to 1,698.01 , snapping four consecutive losing sessions despite the difficult global backdrop. 30-second market snapshot Market / Asset Latest 🇺🇸 S&P 500 7,619.98, -0.48% 🇺🇸 Dow Jones 52,421.20, -0.29% 🇺🇸 Nasdaq 26,186.41, -0.56% 🇲🇾 FBM KLCI 1,698.01, +0.66% 💵 USD/MYR ~4.04–4.05 🇺🇸 U.S. 10Y Treasury briefly >5%; ~4.98% later 🥇 Spot gold ~US$4,313/oz, -0.8% 🛢️ Brent US$105.68/bbl, +~1% ₿ Bitcoin ~US$79,150, +~2% Monday The dollar strengthened Mo...