FBM KLCI stays little changed as US court deems tariffs illegal, Wall St falls


KUALA LUMPUR: Consolidation pressures are keeping the FBM KLCI on a sideways trajectory, although the downside bias is intensifying amid fears of a September rout on the US stock market.

The Wall Street indices opened the first day of September - historically a bad month for US stocks - trading on the backfoot following a US Court of Appeals ruling that Trump's tariffs were illegal, sparking uncertainty over the country's economic outlook.

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

Next In Business News

Jinhua – a trading hub without borders
Asia bonds for diversification
Singapore’s financial sector a big winner
AI disruption fears rock markets
Up in Arms - or up the value chain?
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use
Chow Tai Fook courts the young
From the ashes of Fluff comes Big Mouth

Others Also Read