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Market Daily Report: Bursa Malaysia Ends Higher On Bargain Hunting Ahead Of BNM Rate Decision

KUALA LUMPUR, Sept 2 (Bernama) -- Bursa Malaysia ended higher on Wednesday on bargain hunting following the recent sell-off, ahead of Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) decision on Thursday. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 8.20 points 1,708.74, compared with Tuesday’s close of 1,700.54. The benchmark index opened 0.42 of a point better at 1,700.96 and fluctuated between 1,695.89 and 1,709.71 throughout the day. On the broader market, losers trounced gainers 746 to 424, while 554 counters were unchanged, 1,048 untraded and 17 suspended. Turnover declined to 4.20 billion units valued at RM3.52 billion from 5.52 billion units valued at RM4.42  billion on Tuesday. 

Pos Malaysia Imposes Fuel Surcharges as Jet Fuel Prices Surge Amid War

Pos Malaysia Bhd  has introduced  fuel surcharges on domestic and international deliveries , reflecting rising logistics costs driven by surging global fuel prices amid escalating Middle East tensions. Fuel Surcharges Introduced Across Services Effective  March 18, 2026 , Pos Malaysia will apply: 15% surcharge on domestic shipments 40% surcharge on international deliveries These charges are applied  on top of base shipping prices  and are subject to  sales and service tax (SST) . The domestic surcharge covers routes between  Peninsular Malaysia and East Malaysia , including Sabah and Sarawak, while international surcharges apply across  all global destinations and services . Broad Impact Across Delivery Products The surcharge affects key services such as: Pos Laju and MyDistribution (domestic) Redly Express, EMS, Air Parcel, and Flexipack International However,  postcards and international letters are exempt , offering some relief for basic m...