Bursa Malaysia closed its four-day winning streak, mirroring Wall Street's Friday decline, as investors prepare for crucial US economic data and remain apprehensive about President Donald Trump's trade policies. The FTSE Bursa Malaysia KLCI (FBM KLCI) dipped 6.43 points to 1,584.48 compared to Friday's close of 1,590.91.
Bursa Malaysia ended its four-day rally, tracking Wall Street ’s Friday sell-off, as investors brace for key US economic data and remain concerned over President Donald Trump’s tariff policy . — Picture by Razak Ghazalias a first-time user . Exclusively for Malay Mail readers: Use codeKUALA LUMPUR, Feb 10 — Bursa Malaysia ended its four-day rally, tracking Wall Street ’s Friday sell-off, as investors brace for key US economic data and remain concerned over President Donald Trump’s tariff policy .
On the local front, Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng expects the FBM KLCI index to hover within the 1,585-1,595 range.“Though the daily trading volume remains subdued, we are hopeful that this will improve as foreign money trickles back,” he noted. Newly listed Colform Group topped the most active stocks, rising two sen to 38 sen, followed by TWL Holdings and Datasonic, which were flat at 2.5 sen and 40 sen respectively, while Harvest Miracle Capital bagged one sen to 18 sen and Asia Poly was half-a-sen higher at 13 sen.
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