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

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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