FBM KLCI drops on final day of corporate results, AI fears weigh


KUALA LUMPUR: The FBM KLCI fell further on Friday as traders awaited the final wave of results coming out of Corporate Malaysia, while on the external front, uncertainties over the AI narrative and US tariffs continued to sap risk appetite.

Global markets started Friday on a softer footing following another tech-driven rout on Wall Street, as the valuations of tech stocks continued to see-saw amid fears over escalating debt to fund AI development as well as its potential disruption of the broader tech sector.

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Bursa Malaysia , KLCI , equities , trading , stock

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