Bursa Malaysia rallies as talk of tariffs 'de-escalation' lifts global outlook


KUALA LUMPUR: Suggestion from a top US policymaker that the trade conflict between the US and China was not sustainable and will "de-escalate" helped buoy global market sentiment on Wednesday.

At the starting bell, Malaysia's benchmark index leapt 11.11 points to 1,497.36, tracking Wall Street's overnight surge as remarks from US Treasury Secretary Scott Bessent raised hopes the two leading economies would find some middle-ground in negotiations.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Bursa Malaysia , KLCI , equities , trading , stock

Next In Business News

MUFG sees ringgit strengthening to 3.70 by end-2026
BMS Holdings stays cautiously optimistic for FY26
PUC receives conditional LFSA approval for Labuan banking licence
P.A. Resources records higher 2Q revenue
Johor Plantations' net profit rises 34%to RM345mil in FY25
DayOne opens Johor training centre, expands KL shared services hub
Betamek’s 3Q profit jumps 90%, declares 1.25 sen dividend
Hextar Industries buys 51% stake in llaollao operator for RM177.5mil
Ringgit hits near eight-year high of 3.89 vs US dollar
Oriental Kopi acquires land in Selangor for RM23mil

Others Also Read