KUALA LUMPUR, Feb 23 (Bernama) -- Bursa Malaysia ended the first trading day of the week higher, maintaining its momentum from last week amid improving investor sentiment following the latest United States tariff announcements. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 5.15 points, or 0.29 per cent, to 1,757.98, compared with Friday’s close of 1,752.83. The benchmark index had opened 4.14 points higher at 1,756.97, and moved between 1,752.48 and 1,760.03 throughout the trading session. The broader market was positive, with gainers outpacing losers 584 to 520, while 537 counters remained unchanged. A total of 1,139 counters remained untraded and 24 were suspended. Turnover widened to 2.47 billion units worth RM2.65 billion compared to 2.03 billion units worth RM2.20 billion last Friday.
Quick Summary Bank of Japan may raise rates as early as March if the yen weakens further Weak currency has become a political headache due to rising import costs Markets already price a ~70% chance of a hike by April Policy rate could rise to 1.75% by 2027 , according to former board member What’s Happening The Bank of Japan could move sooner than expected on interest rates if the yen resumes its slide, according to former board member Makoto Sakurai . Japan’s next policy meeting is scheduled for March 18–19 , around the same time Prime Minister Sanae Takaichi is expected to meet US President Donald Trump in Washington. Why the Yen Matters The yen has fallen about 8% since Takaichi took office in October It hit an 18-month low of 159.45 per dollar in January Currently trading around 155 per dollar , still significantly weaker than last year A weak yen: Pushes up imported fuel and ...