The impact of Trump’s tariff war spills over to Wall Street.
Rebound comes after Washington’s announcement of 19 pct rate on Malaysian goods.
KUALA LUMPUR, June 24 — Bursa Malaysia opened marginally lower today as cautious sentiment persisted despite Wall Street’s upbeat overnight performance, while investors reassessed ongoing global geopolitical risks, an analyst said.
KUALA LUMPUR, June 23 — Bursa Malaysia trended lower in early trade today as investors turned wary amid heightened geopolitical tensions in the Middle East, an analyst said.
KUALA LUMPUR, June 16 — Bursa Malaysia opened lower today, extending last week’s downtrend, weighed down by the broadly lower Wall Street performance amid the intensified conflict in the Middle East between Israel and Iran, said an analyst.
KUALA LUMPUR, June 12 — Bursa Malaysia extended yesterday’s momentum to open higher today, as current stock valuations remain appealing, prompting continued accumulation by local institutions, said Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng.
KUALA LUMPUR, June 10 — Bursa Malaysia traded flat at the opening today as traders mostly stayed on the sidelines amid the prevailing market uncertainty, ahead of the outcome of trade negotiations between China and the United States.
KUALA LUMPUR, June 9 — Bursa Malaysia opened higher today, supported by bargain hunting as the market was mostly lower last week, driven by cautious United States (US)-China trade sentiment and a lack of positive economic figures from both countries.
KUALA LUMPUR, June 6 — Bursa Malaysia opened lower today, tracking the overnight losses on Wall Street, with sentiment affected by the ongoing spat between US President Donald Trump and businessman Elon Musk.
KUALA LUMPUR, June 3 — Bursa Malaysia opened higher today, taking its cue from Wall Street’s overnight rally despite rising trade tensions between China and the United States (US).
KUALA LUMPUR, May 26 — Bursa Malaysia opened marginally higher but retreated thereafter, weighed down by mild profit-taking in selected heavyweights as Wall Street slipped following the latest US tariff threats against the European Union (EU), analysts said.
KUALA LUMPUR, May 14 — The FTSE Bursa Malaysia KLCI (FBM KLCI) opened marginally higher but turned easier in early trade today, taking its cue from the mixed performance on Wall Street overnight as investors weighed the United States (US) inflation data.
KUALA LUMPUR, May 5 — Bursa Malaysia opened marginally lower but turned higher today, buoyed by the positive sentiment of fund inflows by foreign investors throughout last week, analysts said.
KUALA LUMPUR, April 28 — Bursa Malaysia opened on a positive note, buoyed by Wall Street’s upbeat performance as uncertainties surrounding the US-China trade war continued to ease.
KUALA LUMPUR, April 25 — Bursa Malaysia opened higher today in tandem with positive Wall Street overnight performance, buoyed by encouraging corporate earnings, especially from Google's parent company, Alphabet Inc, which came in higher than forecast.
KUALA LUMPUR, April 23 — Bursa Malaysia opened higher today, tracking overnight gains on Wall Street amid hopes that trade tensions between the United States and China may ease.
KUALA LUMPUR, April 18 — Bursa Malaysia traded higher in early trade, tracking Wall Street’s mixed performance as investors remained cautiously optimistic amid lingering uncertainty over the United States (US) tariff outlook.
KUALA LUMPUR, April 14 — Bursa Malaysia opened higher today, supported by bargain hunting and tracking Wall Street’s strong performance last Friday.
KUALA LUMPUR, April 11 — Bursa Malaysia retreated from yesterday’s gains to open lower today, taking its cue from Wall Street’s weaker performance amid renewed worries over the global trade outlook.
KUALA LUMPUR, April 9 — Bursa Malaysia opened lower today, tracking losses on Wall Street and amid investor caution over the United States' reciprocal tariffs taking effect today, which have heightened concerns about global trade tensions, an analyst said.
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