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.
After two subdued years, Wall Street bonuses are expected to rise significantly across nearly all sectors, with debt underwriting likely to see the biggest gains. According to a report by compensation consultant Johnson Associates Inc., bankers involved in debt deals could see their bonuses increase by as much as 35% due to a resurgence in capital markets. Equity underwriters are also set to benefit, with potential bonus hikes of up to 30%. Key Highlights: Debt Underwriting: Bankers helping companies sell debt are poised for the largest bonus increases, with payouts potentially swelling by 35% as deals pick up and capital markets recover from lows. Equity and Trading Gains: Equity underwriters could see bonuses rise by up to 30%, while equity traders may enjoy a 15% increase. Fixed-income traders might see more modest gains, with bonuses rising by 5% to 10%. Wealth Management: The strong demand in wealth management is expected to drive up bonuses in that sector by as much as 1...