KUALA LUMPUR, Sept 4 (Bernama) -- Bursa Malaysia ended lower on the final trading day of the week, weighed down by the plantation sector as investors locked in gains following its recent strong performance. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 7.03 points 1,708.10, compared with yesterday’s close of 1,715.13. The benchmark index opened 1.39 points lower at 1,713.74 and fluctuated between 1,704.86 and 1,715.20 throughout the day. The broader market was negative with losers outnumbering gainers 568 to 523, while 596 counters were unchanged, 1,085 untraded and 19 suspended. Turnover expanded to 4.33 billion units valued at RM2.98 billion from 3.90 billion units valued at RM3.21 billion on Thursday.
Asian Markets Rise Before US Jobs Report, Fed Comments Ease Rate-Hike Fears Asian equities moved higher on Friday as investors positioned themselves ahead of the crucial US August jobs report. The biggest shift came from Federal Reserve Governor Christopher Waller, whose comments reduced fears of an imminent US interest-rate hike and helped bonds recover, the US dollar weaken and the Japanese yen strengthen. 30-Second Market Snapshot 🇯🇵 Nikkei: +0.8% 🇨🇳 China blue chips: +1.0% 🇰🇷 Kospi: +1.1% 🌏 MSCI Asia ex-Japan: +1.0% 💵 US Dollar Index: 98.96 🇯🇵 USD/JPY: around 155.7 🥇 Gold: around US$4,470/oz 🛢️ Brent crude: around US$95.52/barrel 🇺🇸 US 2-Year Treasury Yield: 4.34% 🇺🇸 US 10-Year Treasury Yield: 4.76% Big Story Today Markets are becoming slightly less convinced that the Federal Reserve will raise interest rates in September. Fed Governor Christopher W...