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.
Malaysia has welcomed the US decision to pause its sweeping tariff hikes , but Trade and Industry Minister Tengku Zafrul Abdul Aziz stressed that the volatile policy environment still poses major challenges for ASEAN . What Happened: US President Donald Trump announced a 90-day pause on the planned increase in reciprocal tariffs , keeping a lower 10% tariff in place for now. China is excluded , facing a steep 125% tariff for not cooperating on trade negotiations. Malaysia's Stance: Zafrul described the US decision as welcome , but warned that “significant challenges” remain due to policy uncertainty . He emphasized Malaysia’s role in advocating for balanced and predictable trade through ASEAN. “These latest developments will be discussed at the ASEAN Economic Ministers' Meeting I’m chairing today,” he shared. Malaysia's Trade Game Plan: Trade diversification : Exploring new markets while stre...