KUALA LUMPUR, Sept 28 (Bernama) -- Bursa Malaysia ended marginally lower on Monday amid selling activity as the market lacked fresh catalysts to spur investors’ buying interest, an analyst said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 1.60 points, or 0.09 per cent, to 1,670.02, from Friday’s close of 1,671.62. The benchmark index, which opened 0.93 of-a-point higher at 1,672.55, moved between 1,668.61 and 1,674.11 throughout the trading session. Market breadth was negative as losers surpassed gainers 748 to 388, while 517 counters were unchanged, 1,271 untraded and 91 suspended. Turnover slipped to 3.11 billion units worth RM2.40 billion from 4.07 billion units valued at RM2.69 billion on Friday.
Key Takeaways: Significant Pay Raises: US debt capital market professionals are projected to see a 23%-35% increase in total compensation for 2024 compared to 2023, driven primarily by higher bonuses. Managing directors in debt markets may earn $825,000 to $1.5 million , while top-tier bond traders could earn $1.7 million to $3 million . Debt Issuance Surge: US investment-grade bond issuance rose 25% to $1.47 trillion in 2024, while high-yield issuance jumped 54% to $269.2 billion. European debt markets approached record levels seen during the pandemic, and Asia-Pacific issuance also climbed. Economic Drivers: Strong economic conditions and expectations of pro-business policies under President-elect Donald Trump have fueled corporate borrowing. Companies are capitalizing on favorable interest rate environments to secure funding. Industry Trends: Other high-performing sectors include leveraged finance (17.6% pay increase) , energy markets, and equity derivatives. Overall fina...