KUALA LUMPUR, July 29 (Bernama) -- Bursa Malaysia rebounded to close higher on Wednesday on selective buying of defensive stocks after a volatile trading session. IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan said consumer products and services stocks lifted the key index higher, overcoming lingering geopolitical concerns. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 3.08 points to 1,715.56 from yesterday’s close of 1,712.48. The benchmark index, which opened 1.91 points higher at 1,714.39, moved between 1,710.79 and 1,720.59 during the day’s trading. In the broader market, gainers outstripped decliners 550 to 476, while 612 counters were unchanged, 1,129 untraded, and 48 suspended. Turnover rose to 2.96 billion units valued at RM2.48 billion from 2.94 billion units valued at RM2.56 billion on Tuesday.
As markets brace for Trump’s April 2 tariff announcement , investors are navigating elevated volatility, weakening sentiment , and fears of a broader trade war . With the S&P 500 down 5% in Q1—the worst start to a year since 2020—and Tesla and Nvidia sliding 36% and 20% respectively, the stakes are high. Experts expect more downside risk leading into earnings season, and option strategies offer timely protection for investors caught in the crosswinds of tariff uncertainty. 3 Key Option Strategies to Hedge Tariff-Induced Volatility 1. Covered Call: Generate Income on Weak Recoveries Ideal if: ✅ You own the stock ✅ You expect it to stay flat or recover slowly How it works: Sell a call option on your existing stock (e.g., far out-of-the-money). Earn premium income while waiting for the rebound. Example: If you hold Tesla (TSLA), sell a call at a strike price well above current levels. You keep the premium even if the sto...