Bursa Malaysia's benchmark index closed lower on Friday, mirroring a weak performance in regional and global markets. The FTSE Bursa Malaysia KLCI (FBM KLCI) declined 3.99 points or 0.24% to 1,625.47. The decline was attributed to concerns over China's slowing economy, the outlook for US interest rates, and ongoing conflicts in Ukraine and the Middle East.
In court, Najib’s lawyer submits unsigned supplementary order from Pahang palace affirming ‘house arrest’ decree as signed copy is shared online
Behind the wheel: How are Malaysia’s lorry drivers regulated to keep you safe? Here’s what you should know The index opened 0.28 of-a-point higher at 1,629.74 and moved between 1,623.64 and 1,631.71 throughout the day. He said across Asia, caution prevailed, driven by fears that President-elect Donald Trump’s proposed policies, including significant increases in tariffs on imports from China and other countries, could hinder growth in a region heavily reliant on trade.
For active stocks, Velesto and MYEG were one sen lower at 15.5 sen and 97.5 sen, respectively, Ekovest shed 1.5 sen to 37 sen. Velocity added one sen to 8.0 sen, and Top Glove gained three sen to RM1.36.
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