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.
South Korea’s central bank left its benchmark interest rate unchanged at 2.50% on Thursday, in line with market expectations, while warning of “significant uncertainties” stemming from rising trade tensions with the US and tepid domestic demand. Key Decision Highlights Interest Rate : Held at 2.50% , matching consensus from all 33 economists surveyed by Reuters. Monetary Stance : Maintains an accommodative policy path to support growth, despite elevated household debt. Key Concern : Rising trade threats from the US and slow domestic recovery . “There are significant uncertainties concerning developments in trade negotiations with the US, and the pace of domestic demand recovery,” said the Bank of Korea (BOK). Trade Tensions in Focus US President Donald Trump’s new tariff plan , effective August 1, has heightened anxiety across Asia. Export-heavy economies like South Korea could face serious headwinds as global...