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.
Trump Revives Tariff War: US Launches Trade Probes Targeting China, EU — Malaysia & Singapore Included
The US has kicked off sweeping trade investigations that could pave the way for new tariffs, putting China, the European Union — and key Southeast Asian economies including Malaysia and Singapore — directly in focus. US Launches Section 301 Trade Investigations Office of the United States Trade Representative ( USTR), led by Jamieson Greer , announced probes under Section 301 of the Trade Act , targeting alleged excess manufacturing capacity. Major economies under investigation include: China European Union Japan South Korea Taiwan India Mexico Southeast Asia is also in the crosshairs: Malaysia Singapore Vietnam Tha...