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.
Key Takeaways for Investors Ambiguous US jobs data has not clarified whether the Fed will cut in December. Tech-led volatility is back, with Nvidia’s strong earnings unable to support broader sentiment. Asia-Pacific equities face renewed pressure , posting their worst weekly decline since April. Dollar strength persists , especially against commodity currencies, while yen intervention risks rise. Oil weakens , reflecting geopolitical uncertainty and shifting demand expectations. Asian markets slumped on Friday, extending a global rout after US jobs data delivered more questions than clarity on the Federal Reserve’s next move. A sharp reversal in tech stocks — despite Nvidia’s standout earnings — reignited risk aversion across equities. Wall Street endured one of its most volatile sessions in months as worries over stretched tech valuations resurfaced. The Nasdaq saw its widest intraday swing since April 9, when President Donald Trump’s “Liberation Day” tariffs rattled invest...