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In an intriguing start to the trading day, Bursa Malaysia opened on a positive note but quickly succumbed to the pressures of Wall Street’s slump. At 9:08 am, the $FTSE Bursa Malaysia KLCI Index(.KLSE.MY)$ had dipped by 0.60 points, or 0.03%, to 1,535.88 from Monday’s close of 1,536.48. The index had opened with optimism, climbing 5.66 points higher to 1,542.14 before reversing course.
B...

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In a dramatic turn of events, Bursa Malaysia saw a steep decline today, driven by a broad sell-off across regional markets. The fear of a potential US recession sent shockwaves through global markets, with Japan’s $Nikkei 225(.N225.JP)$ Index plummeting over 12%, triggering a domino effect that hit Malaysian stocks hard.
Market Carnage Unfolds
At the closing bell, the $FTSE Bursa Malaysia KLCI Index(.KLSE.MY)$ had tumbl...

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Bursa Malaysia mirrored the cautious sentiment in regional markets ahead of key US economic data releases. By lunchtime, the $FTSE Bursa Malaysia KLCI Index(.KLSE.MY)$ had dropped 44.38 points, or 2.75%, to 1,566.67 from Friday’s close of 1,611.05.
Opening Bell and Market Movements:
• $FTSE Bursa Malaysia KLCI Index(.KLSE.MY)$: Opened 17.69 points lower at 1,593.36, its highest point today,...

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Bursa Malaysia closed lower today, with the $FTSE Bursa Malaysia KLCI Index(.KLSE.MY)$ dipping 13.20 points, or 0.81%, to 1,611.05. The market was dragged down by broad-based selling in tandem with a regional slump, as investors remained cautious about slowing US economic growth and expectations of another rate hike in Japan.
Key Highlights
• Opening and Range: The $FTSE Bursa Malaysia KLCI Index(.KLSE.MY)$ opened 4....

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Bursa Malaysia had a mixed day, opening with a hint of optimism but closing slightly down. The $FTSE Bursa Malaysia KLCI Index(.KLSE.MY)$ slid by 1.32 points, or 0.08%, ending the day at 1,624.25. The market mirrored the cautious sentiment seen in regional bourses.
Key Highlights
• Opening and Range: The $FTSE Bursa Malaysia KLCI Index(.KLSE.MY)$ opened modestly higher at 1,625.87 and traded with...