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.
Taiwan’s equity market has surged past the UK in total value, driven by a powerful AI-led rally that continues to attract global capital despite ongoing geopolitical risks. Taiwan Market Cap Hits US$4 Trillion Milestone Taiwan’s stock market capitalization climbed to US$4.14 trillion , overtaking the UK’s US$4.09 trillion , making it the world’s seventh-largest equity market . The rally has been supported by strong gains in the Taiex Index , which has: Recovered all losses from the Iran conflict Reached record highs Posted a 16% gain in April alone This marks one of the fastest rebounds among global markets. TSMC Leads AI-Driven Surge The rally has been anchored by Taiwan Semiconductor Manufacturing Co , which recently hit all-time highs on the back of: Strong revenue growth Dominance in the global AI semiconductor supply chain Taiwan is increasingly viewed as a pure-play proxy for AI hardware demand , w...