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Market Daily Report: Bursa Malaysia Ends Lower On Profit-taking In Plantation Stocks

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. 

Malaysia Morning Wrap: KLCI Reclaims 1,700 as ASEAN Trade and Exports Gain Momentum

Global risk sentiment improved after the US rolled back tariff threats on Europe, lifting Wall Street overnight and helping  Bursa Malaysia  rebound, while fresh data showed  Malaysia’s trade with ASEAN and exports continuing to climb on strong sectoral demand . Wall Street: Relief Rally After Tariff U-Turn US equities jumped after President  Donald Trump  confirmed he would  scrap planned tariffs on European goods , easing fears linked to the Greenland dispute. S&P 500 Index :   6,875.62 (+1.16%) Dow Jones Industrial Average :   49,077.23 (+1.21%) Nasdaq Composite Index :   23,224.83 (+1.18%) Risk-on sentiment fueled a strong bounce across tech and semiconductors, with several  Magnificent Seven  names extending gains. Bursa Malaysia: KLCI Bounces Back The  FTSE Bursa Malaysia KLCI Index  snapped a three-day losing streak, reclaiming the  1,700 psychological level . KLCI:   1,705.81 (+0.40%) Top gainer: ...