Bursa Malaysia ends morning session lower amid ongoing Middle East crisis - News Summed Up

Bursa Malaysia ends morning session lower amid ongoing Middle East crisis


KUALA LUMPUR: Bursa Malaysia ended the morning trading session lower, tracking the weaker Wall Street performance overnight amid concerns over global oil and gas supplies and inflation risks as the Middle East crisis continues. At 12.30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 9.56 points, or 0.55 per cent, to 1,702.39, from Tuesday’s close of 1,711.95. The benchmark index opened 0.52 of a point weaker at 1,711.43 and fluctuated between 1,700.91 and 1,713.19 during the session. "Against this fluid geopolitical landscape, particularly on the scale and duration of the evolving Middle East tensions, we prefer to stay defensively positioned in domestic-centric sectors with relatively resilient earnings visibility,” HLIB said in a note today. The FBM Emas Shariah Index fell 48.98 points to 12,122.86, and the FBM ACE Index shrank 102.56 points to 4,513.20.


Source: The Star March 04, 2026 11:24 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */