{
  "id": 12626627,
  "title": "Bursa Malaysia retreats as higher US yields and crude oil prices weigh on sentiment",
  "url": "https://urgent.news/2026/10/07/bursa-malaysia-retreats-as-higher-us-yields-and-crude-oil-prices",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-07T10:52:34.000Z",
  "source": {
    "name": "Malay Mail",
    "slug": "malay-mail-malaymail",
    "url": "https://www.malaymail.com/news/money/2026/10/07/bursa-malaysia-retreats-as-higher-us-yields-and-crude-oil-prices-weigh-on-sentiment/238139"
  },
  "original_language": "en",
  "account": "KUALA LUMPUR, Oct 7 — Bursa Malaysia's FTSE KLCI index slipped 21.57 points to 1,611.78 at 5pm on Friday, down from a close of 1,633.35 the previous day. The benchmark index opened 0.19 points higher at 1,633.54 intraday but hit a low of 1,610.55 later in the session. On the broader market, losers outnumbered gainers by 663 to 492, while 508 counters remained unchanged, 1,127 were untraded, and 13 suspended. Turnover fell to 3.83 billion units valued at RM3.52 billion, compared to 4.18 billion units or RM2.95 billion the day before. Thong Pak Leng, vice-president of equity research at Rakuten Trade Sdn Bhd, attributed the sentiment decline to Brent crude oil surging past US$101 per barrel after Houthi attacks in Saudi Arabia and the US 10-year Treasury yield hovering around 5.3 per cent, with the 30-year yield above 5.6 per cent. This kept investors cautious about inflation and potential monetary easing. Thong noted that market sentiment may stay cautious after the KLCI broke below the 1,625-1,630 support zone, indicating ongoing selling pressure. Among key companies, Maybank fell 10 sen to RM9.87, Public Bank dropped eight sen to RM4.59, CIMB decreased 37 sen to RM7.33, Tenaga Nasional shed four sen to RM12.86, and IHH Healthcare eased one sen to RM7.90. Top gainers included Mi Technovation, which rose 38 sen to RM6.38, and Batu Kawan, which climbed 32 sen to RM19.60. Top losers were Nestle, which fell 94 sen to RM89.02, Fraser & Neave lost 94 sen to RM20.78, and Hong Leong Bank trimmed 58 sen to RM21.50. Sector-wise, the Financial Services Index fell 504.68 points to 18,563.32, while the Industrial Products and Services Index eased 0.53 points to 179.88.",
  "summary": "KUALA LUMPUR, Oct 7 — Bursa Malaysia ended lower today in tandem with weaker regional markets, failing to track Wa...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Free Malaysia Today",
        "title": "Bursa ends lower as rising US yields, oil prices weigh",
        "url": "https://urgent.news/2026/10/07/bursa-ends-lower-as-rising-us-yields-oil-prices-weigh",
        "published": "2026-10-07T09:38:00.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Bursa Malaysia ends lower as higher US yields, oil prices weigh on sentiment",
        "url": "https://urgent.news/2026/10/07/bursa-malaysia-ends-lower-as-higher-us-yields-oil-prices-weigh-on",
        "published": "2026-10-07T10:19:23.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}