KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia closed lower on Friday amid mixed regional market performance as investors turned cautious over a possible rate hike by the Bank of Japan (BOJ) and upcoming US economic data that may influence the Federal Reserve’s (Fed) interest rate decision next week. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) pared most earlier losses to settle 4.55 points easier, or 0.28 per cent, to 1,616.52 from Thursday’s close of 1,621.07. The benchmark index, which opened 0.37 of-a-point lower at 1,620.70, moved between 1,609.67 and 1,621.25 throughout the day. The broader market was negative, with decliners outpacing advancers 604 to 439. A total of 550 counters were unchanged, 1,151 untraded, and 18 suspended. Turnover declined to 3.17 billion units worth RM2.24 billion from 4.48 billion units worth RM2.75 billion yesterday. Rakuten Trade Sdn Bhd vice-presiden...
What’s Happening:
Global investors are eyeing Chinese markets again, drawn by improving sentiment and policy optimism, while India’s stock market rally faces headwinds.
Why the Shift:
China showing signs of stabilization and renewed growth stimulus.
Indian stocks trade near record valuations, with slowing earnings growth and cutbacks in government spending.
Sectors to Watch:
China: Tech, materials, and cyclical names could benefit from capital inflows.
India: Strong IPO pipeline continues, but risks from tariff policy shifts and macro pressures remain.
Money Master Take:
Stay alert: capital flows can pivot quickly. Diversify across Asian markets and watch July’s policy signals and earnings season for clues on the next big trend.
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