KUALA LUMPUR, July 31 (Bernama) -- Bursa Malaysia ended higher on Friday as investors continued to accumulate blue-chip stocks in line with stronger performances across most regional markets. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.50 points to 1,724.90 from yesterday’s close of 1,720.40. The benchmark index opened 0.83 of a point higher at 1,721.23, and moved between 1,715.67 and 1,730.12 throughout the day. The broader market was positive with gainers outpacing losers 707 to 402, while 547 counters were unchanged, 1,085 untraded and 56 suspended. Turnover expanded to 3.03 billion units valued at RM3.56 billion from 2.49 billion units valued at RM2.25 billion on Thursday.
US stocks and Treasuries fell on Monday, halting a four-day rally as investors grew cautious ahead of the Federal Reserve’s final policy meeting of the year. While a quarter-point rate cut is widely expected , traders are increasingly concerned about how many cuts will follow in 2026. The S&P 500 slipped 0.3% , pulling back after closing near a record high last week. A wave of dealmaking failed to lift sentiment — notably overshadowed by President Donald Trump’s warning that Netflix’s US$72 billion bid for Warner Bros Discovery may raise antitrust issues. Meanwhile, Paramount Skydance launched a hostile counteroffer , adding uncertainty to the sector. Stocks have rallied in recent weeks after several Fed officials signalled support for a third straight rate cut on Wednesday. But questions over the pace of easing next year , combined with doubts about the durability of the AI-driven market surge, weighed on risk appetite. Policy U...