KUALA LUMPUR, Aug 24 (Bernama) -- Bursa Malaysia ended marginally lower on Monday as investors awaited further corporate earnings results for clearer market direction, an analyst said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.15 of a point to 1,736.33 from last Friday’s close of 1,736.48. The benchmark index opened 1.83 points higher at 1,738.31, and fluctuated between 1,733.07 and 1,739.47 throughout the day. On the broader market, losers trounced gainers 714 to 482, while 539 counters were unchanged, 1,139 untraded and 46 suspended. Turnover decreased to 3.60 billion units valued at RM3.03 billion from 3.91 billion units valued at RM3.32 billion last Friday.
Summary The US plans to impose 10%–12.5% tariffs on imports from 60 economies , marking a major return to protectionist policy and raising fresh concerns over global trade tension and inflation . Key Highlights Broad tariff rollout At least 10% tariffs on allies (EU, UK, Canada, Taiwan, etc.) 12.5% tariffs on major economies (China, India, Japan, Korea) Based on forced labour investigation Targeting countries deemed to have weak enforcement Covers sectors like cotton, palm oil, minerals, seafood Not immediate implementation Subject to public review (until July 6) Final decision after hearings (from July 7) Section 301 used as legal basis More durable than previous tariffs struck down by courts Potential additional tariffs coming Separate probe on excess manufacturing capacity Future tariffs may be stacked on top What Investors Need to Watch 1. Inflation Risk Back on the Table Tariffs = higher import costs Likely to...