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Market Daily Report: Bursa Malaysia Ends Lower On Profit-taking In Plantation Stocks

KUALA LUMPUR, Sept 4 (Bernama) -- Bursa Malaysia ended lower on the final trading day of the week, weighed down by the plantation sector as investors locked in gains following its recent strong performance. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 7.03 points 1,708.10, compared with yesterday’s close of 1,715.13. The benchmark index opened 1.39 points lower at 1,713.74 and fluctuated between 1,704.86 and 1,715.20 throughout the day. The broader market was negative with losers outnumbering gainers 568 to 523, while 596 counters were unchanged, 1,085 untraded and 19 suspended. Turnover expanded to 4.33 billion units valued at RM2.98 billion from 3.90 billion units valued at RM3.21 billion on Thursday. 

Singapore Morning Wrap: STI Gains as AI Rally Lifts Global Markets, UOB Profit Slips

Singapore shares opened higher on Thursday, supported by  strong global tech momentum , even as mixed corporate earnings and policy developments remain in focus. STI Rises on Positive Global Cues The  FTSE Straits Times Index  climbed  0.43% to 4,948.49  in early trade. Market breadth was positive: Advancers: 127 Decliners: 52 The gains track strong momentum from Wall Street. Wall Street Hits Record Highs on AI Optimism US equities surged to fresh highs: S&P 500   +1.46% Nasdaq Composite   +2.03% Dow Jones Industrial Average   +1.24% The rally was driven by: AI demand acceleration Optimism over a potential  US-Iran peace deal Advanced Micro Devices  surged  19% , while broader chip stocks extended gains, reinforcing the  AI investment cycle . Singapore Strengthens Financial Credibility Singapore received the  highest rating  from the  Financial Action Task Force , despite past money laundering issues. Reinfor...