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Market Daily Report: Bursa Malaysia Ends Marginally Lower as Investors Stay On Sidelines

KUALA LUMPUR, Aug 10 (Bernama) -- Bursa Malaysia ended marginally lower on Monday, as investors largely stayed on the sidelines and adopted a wait-and-see approach amid uncertainties over US monetary policy and geopolitical developments, an analyst said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.38 of a point to 1,735.37 compared with last Friday’s close of 1,735.75. The index opened 0.10 of a point higher at 1,735.85 and fluctuated between 1,730.35 and 1,738.97 throughout the day. However, on the broader market, gainers thumped losers 707 to 447, while 573 counters were unchanged, 1,046 untraded and 21 suspended. Turnover narrowed to 3.49 billion units valued at RM2.55 billion from 3.55 billion units valued at RM3.47 billion last Friday.  

Singapore Overtakes Indonesia as Southeast Asia’s Largest Equity Market

Singapore has emerged as  Southeast Asia’s largest stock market , overtaking Indonesia, as investors increasingly favour  stability and policy certainty  amid global volatility. Singapore Gains on Stability and Capital Inflows Singapore’s total market capitalisation reached  US$645 billion , surpassing Indonesia’s  US$618 billion , which has declined sharply from its earlier peak. The outperformance reflects: Strong economic and political stability Government-led efforts to  revitalise the equity market A  resilient Singapore dollar  attracting foreign capital The  Straits Times Index  has climbed to record highs, benefiting from  safe-haven inflows during geopolitical uncertainty . Indonesia Hit by Outflows and Policy Concerns Indonesia’s market has faced significant headwinds: More than 30% decline in market capitalisation Over  US$360 billion in equity sell-off  this year Foreign outflows exceeding US$4 billion Investor...