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.
Malaysia’s market saw mixed signals , with strong corporate earnings and record trade data offset by continued weakness in equities amid cautious investor sentiment. Wall Street Rally Led by AI Momentum US markets surged on the back of strong tech performance: S&P 500 +1.08% (record high) Nasdaq Composite +1.54% Dow Jones Industrial Average +1.31% Nvidia remained in focus after beating revenue expectations and announcing an US$80 billion share buyback , reinforcing AI-driven optimism. KLCI Falls for Sixth Straight Session The FTSE Bursa Malaysia KLCI Index declined 0.55% , extending its losing streak to six consecutive sessions . Market breadth was weak ( 840 losers vs 366 gainers ) Losses were led by PETRONAS-linked stocks Sentiment remains cautious amid regional weakness and geopolitical risks Malaysia Trade Hits Record High Malaysia’s external trade delivered a strong macro boost: T...