{
  "id": 5467536,
  "title": "Bursa opens lower on profit-taking after two sessions of gains",
  "url": "https://urgent.news/2026/09/04/bursa-opens-lower-on-profit-taking-after-two-sessions-of-gains-5467536",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-04T01:39:00.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today-freemalays",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/09/04/bursa-opens-lower-on-profit-taking-after-two-sessions-of-gains"
  },
  "original_language": "en",
  "account": "Bursa Malaysia commenced trading on a lower note on Friday, as profit-taking ensued following two consecutive days of gains. However, the market sentiment remained buoyed by broad-based market breadth and a positive performance on Wall Street the previous night. At 9:07 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 2.42 points, or 0.14%, to 1,712.71, down from Thursday's closing level of 1,715.13. The benchmark index opened 1.39 points lower at 1,713.74 in the morning session.\n\nDespite the modest decline, positive market breadth indicated that buying interest persisted, with the number of gainers (220) surpassing the number of losers (123). A total of 294 counters remained unchanged, while 2,135 shares were untraded, and 19 were suspended. The trading volume reached 294.19 million shares, valued at RM90.50 million.\n\nBank Negara Malaysia (BNM) maintained its overnight policy rate (OPR) steady at 2.75%. Rakuten Trade Sdn Bhd's equity research vice-president, Thong Pak Leng, attributed the market's upward momentum to optimism surrounding the Federal Reserve's potential pause in interest rate hikes. He noted that the US 10-year Treasury yield dipped slightly to 4.772% amid oil prices staying above US$95 per barrel.\n\nOn the domestic front, Thong projected that the FBM KLCI would oscillate between 1,710 and 1,720 points during the day. Among the Wall Street heavyweights, Maybank and Public Bank experienced slight declines, while CIMB Group saw a marginal fall. Tenaga Nasional and IHH Healthcare registered minimal changes, while Zetrix AI and Ingenieur Gudang registered slight gains.\n\nAmong the top gainers for the day were Fraser & Neave (+44 sen to RM24.82), Malaysian Pacific Industries (+38 sen to RM39.98), and United Plantations (+14 sen to RM33.16). On the other hand, Ta Ann, Sarawak Oil Palms, and Telekom Malaysia were among the top losers, with declines of 8 sen, 6 sen, and 6 sen, respectively. CEKD and SD Guthrie also saw a five sen reduction each.\n\nThe FBM 70 Index climbed 12.89 points to 17,918.17, the FBM ACE Index surged 22.64 points to 5,210.30, and the FBM Emas Index eased 7.52 points to 12,675.82. Conversely, the FBM 100 Index dropped 10.95 points to 12,480.49, and the FBM Emas Shariah Index fell 14.11 points to 12,428.46. Sector-wise, the Financial Services Index slipped 13.56 points to 20,193.27, while the Plantation Index declined 35.34 points to 9,458.68. The Industrial Products and Services Index decreased by 0.14 points to 187.02, and the Energy Index eased 2.55 points to 807.48.\n\nBursa Malaysia announced that trading in the shares of Gamuda and Farm Fresh would be suspended from 9 am to 10 am.",
  "summary": "The main index slips to 1,712.71, although broader sentiment remains supported by positive market breadth.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Free Malaysia Today",
        "title": "Bursa opens lower on profit-taking after two sessions of gains",
        "url": "https://urgent.news/2026/09/04/bursa-opens-lower-on-profit-taking-after-two-sessions-of-gains",
        "published": "2026-09-04T01:39:00.000Z"
      }
    ]
  },
  "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."
}