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.
DBS Group Holdings Ltd is seeing a growing influx of wealthy clients from Europe and the US , as investors increasingly turn to Asia for portfolio diversification and stability amid heightened global volatility. Rising Demand for Asia-Based Wealth Solutions According to DBS Private Bank, affluent investors are seeking investment opportunities and wealth management services in Asia , driven by concerns over: Geopolitical tensions , including the US-Iran conflict Rising energy costs Persistent market volatility Some high-net-worth individuals are also exploring secondary family office setups in Asia , highlighting a longer-term shift in wealth allocation strategies. Asia Positioned as a Stability Anchor DBS noted that wealthy clients are prioritising “absolute stability” , with Asia increasingly viewed as a safe and resilient investment hub . The region’s appeal lies in its economic growth prospects, diversified markets, and relative i...