KUALA LUMPUR, Sept 2 (Bernama) -- Bursa Malaysia ended higher on Wednesday on bargain hunting following the recent sell-off, ahead of Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) decision on Thursday. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 8.20 points 1,708.74, compared with Tuesday’s close of 1,700.54. The benchmark index opened 0.42 of a point better at 1,700.96 and fluctuated between 1,695.89 and 1,709.71 throughout the day. On the broader market, losers trounced gainers 746 to 424, while 554 counters were unchanged, 1,048 untraded and 17 suspended. Turnover declined to 4.20 billion units valued at RM3.52 billion from 5.52 billion units valued at RM4.42 billion on Tuesday.
Intel has given investors a lesson in just how quickly market sentiment can change. After surging more than 285% in the first half of 2026 , Intel reached an intraday high of $142.35 on 30 June . Since then, the shares have fallen roughly 30%, closing Monday at $97.52 . A 30% decline may sound alarming, but context matters. After such an extraordinary rally, some pullback is hardly surprising. The more useful question for investors is not simply whether Intel can rebound tomorrow, but whether its earnings, growth prospects and valuation can support the share price over the longer term . The Business Is Improving — But There Is a Catch Intel's latest quarterly results were encouraging. For the second quarter, the company reported adjusted earnings of $0.42 per share on revenue of $16.1 billion , beating market expectations. Revenue grew 24.8% year-on-year , helped by strong demand for CPUs linked to the continued build-out of artificial intelligence in...