KUALA LUMPUR, Aug 10 (Bernama) -- Bursa Malaysia ended marginally lower on Monday, as investors largely stayed on the sidelines and adopted a wait-and-see approach amid uncertainties over US monetary policy and geopolitical developments, an analyst said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.38 of a point to 1,735.37 compared with last Friday’s close of 1,735.75. The index opened 0.10 of a point higher at 1,735.85 and fluctuated between 1,730.35 and 1,738.97 throughout the day. However, on the broader market, gainers thumped losers 707 to 447, while 573 counters were unchanged, 1,046 untraded and 21 suspended. Turnover narrowed to 3.49 billion units valued at RM2.55 billion from 3.55 billion units valued at RM3.47 billion last Friday.
Asian equities are heading for their strongest February performance on record , powered by investor enthusiasm for companies supporting the artificial intelligence (AI) infrastructure boom. Asia Steals the Spotlight in 2026 MSCI Asia Pacific Index has climbed 6.7% in February , marking its best February since its launch in 1998. The rally puts Asian markets on track to outperform the U.S. for a third straight month . South Korea led the charge: KOSPI Index surged about 20% in February Up 49% year-to-date , making it the world’s best-performing major index Key Point: Global capital is rotating into Asian tech and AI supply-chain stocks. Investors view Asian firms as the “picks and shovels” behind AI expansion — benefiting from infrastructure demand rather than facing disruption risk seen in the U.S. U.S. Markets Lag Amid “AI Scare Trade” S&P 500 Index futures slipped 0.3% Friday. Despite strong earnings from Nvidia Corp. , investo...