KUALA LUMPUR, Sept 10 (Bernama) -- Bursa Malaysia finished lower on Thursday, along with other regional markets, as the widening war in West Asia and high oil prices weighed on sentiment. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 8.82 points, or 0.51 per cent, to 1,705.52 from Wednesday’s close of 1,714.34. The benchmark index opened 1.64 points lower at 1,712.70 and moved between 1,701.68 and 1,713.08 throughout the trading session. Market breadth was also negative, with decliners outnumbering gainers 657 to 532. A total of 515 counters were unchanged, 1,127 untraded, and 21 suspended. Turnover expanded to 3.98 billion units valued at RM3.14 billion from 3.66 billion units valued at RM3.49 billion on Wednesday.
Oil breaks US$100, Wall Street retreats and bond yields rise, inflation is becoming the market’s biggest risk again Global markets are starting Thursday in a more defensive position. Brent crude has broken above US$100 a barrel , U.S. Treasury yields are pushing higher, and Wall Street fell for a third straight session as investors reassess whether central banks may need to keep tightening rather than easing. For Malaysian investors, the key chain today is increasingly clear: Oil → inflation → interest rates → bond yields → USD/MYR → Bursa valuations. 30-second market snapshot Market / Asset Latest 🇺🇸 S&P 500 7,636.36, -0.48% 🇺🇸 Dow Jones 52,380.66, -0.77% 🇺🇸 Nasdaq 26,253.34, -0.64% 🇲🇾 FBM KLCI 1,714.34, virtually flat 💵 USD/MYR ~4.06 🇺🇸 U.S. 10Y Treasury ~4.84% 🇺🇸 U.S. 2Y Treasury ~4.42% 🥇 Gold ~US$4,396/oz 🛢️ Brent crude US$101.21/bbl 🛢️ WTI crude US$96.05/bbl ₿ Bitcoin ~US$79,300 🇯🇵 Nikkei ~64,760, -0.6% this morning Brent jumped about 3.4% Wednesda...