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.
Japanese equities declined sharply on Thursday as rising oil prices and a hawkish Federal Reserve outlook dampened investor sentiment, highlighting growing concerns over inflation and global growth risks . Broad-Based Selloff Across Japanese Equities The Topix Index fell 2.1% to 3,640 , while the Nikkei 225 dropped 2.8% , reversing recent gains. Market breadth was notably weak, with over 1,500 stocks declining versus fewer than 50 gainers , reflecting a broad risk-off move. Heavyweights such as Mitsubishi Corp. led declines, while cyclical sectors including chemicals and industrials came under pressure. Oil Shock Drives Market Weakness The selloff was triggered by a surge in energy prices after renewed attacks on Middle East energy infrastructure . Brent crude surged above US$110 per barrel Heightened risks to global energy supply chains This has intensified fears of imported inflation , particularly for energ...