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.
Summary Markets and diplomats were bracing for escalation — then came the reversal. Within hours of arriving in Davos, US President Donald Trump abruptly softened his stance on Greenland, shelving tariff threats against Europe and ruling out the use of force. The pivot eased market stress but underscored how policy volatility has become a central risk factor for investors . What Changed — And Why Trump’s about-face followed intense back-channel talks with European leaders and NATO officials, including Mark Rutte and German Chancellor Friedrich Merz . Europe presented a united front, pairing security concessions with warnings about damage to NATO unity if tensions spiraled. After meeting Rutte, Trump announced he had formed a “framework of a future deal” on Greenland and called off planned tariffs on European nations that had been set to begin next month. What the Emerging Framework Looks Like...