Bursa reverses Wednesday’s gains as Middle East optimism fades

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📰 Malaysia

Bursa reverses Wednesday’s gains as Middle East optimism fades 02.04.2026

Free Malaysia Today

Bursa Malaysia reversed Wednesday's gains on Thursday, with the FTSE Bursa Malaysia KLCI (FBM KLCI) falling 10.60 points, or 0.62%, to close at 1,698.30. This decline occurred as optimism surrounding a swift resolution to the Middle East conflict diminished following a speech by US President Donald Trump, which reportedly fueled global risk-off sentiment. The benchmark index, which had opened higher at 1,712.04, traded within a range of 1,688.89 to 1,712.80 throughout the day. Market breadth was negative, with significantly more declining stocks than advancing ones, and overall turnover saw a slight decrease in both volume and value compared to the previous day.

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