KUALA LUMPUR, Aug 24 (Bernama) -- Bursa Malaysia ended marginally lower on Monday as investors awaited further corporate earnings results for clearer market direction, an analyst said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.15 of a point to 1,736.33 from last Friday’s close of 1,736.48. The benchmark index opened 1.83 points higher at 1,738.31, and fluctuated between 1,733.07 and 1,739.47 throughout the day. On the broader market, losers trounced gainers 714 to 482, while 539 counters were unchanged, 1,139 untraded and 46 suspended. Turnover decreased to 3.60 billion units valued at RM3.03 billion from 3.91 billion units valued at RM3.32 billion last Friday.
Asian equities retreated on Friday as investors turned cautious, locking in gains after a strong global rally while awaiting clearer signals on a potential US-Iran ceasefire extension . Regional Stocks Slip After Multi-Day Rally The MSCI Asia-Pacific Index fell 0.8% , snapping a three-day winning streak . Key markets across the region also declined: Topix -1.1% Hang Seng Index -0.8% Shanghai Composite -0.2% The pullback comes after a 10-day global rally that pushed equities to record highs, leaving markets vulnerable to short-term profit-taking . Oil Prices Ease as Ceasefire Hopes Persist Crude prices declined as optimism over diplomacy improved: Brent crude fell 1.1% to ~US$98 per barrel WTI crude dropped 1.6% to ~US$93 per barrel The easing reflects expectations that a ceasefire could reopen the Strait of Hormuz , restoring oil flows and reducing inflation pressures. Markets ...