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 Developments: Foxconn’s AI server plant in Jalisco will be completed within a year , despite US tariffs on Mexico. US$900 million investment will create the world’s largest Nvidia-powered AI server assembly plant. Jalisco’s semiconductor industry is booming , with new investments from ASE, Micron, and Foxconn. State government is fast-tracking permits and offering incentives to accelerate the project. Mexican industrial sector remains strong despite Trump’s 25% tariff threat. Foxconn’s AI Expansion in Mexico Foxconn Technology Group (Hon Hai Precision Industry Co) is pushing ahead with its US$900 million AI server megaplant in Jalisco, Mexico, despite potential US trade tariffs , according to Jalisco Governor Pablo Lemus Navarro . The state-of-the-art facility will be dedicated to assembling AI servers powered by Nvidia's GB200 chips , making it the largest such pl...