Last updated on August 23, 2025
KUALA LUMPUR: Bursa Malaysia began trading on a higher note today, following Wall Street’s overnight rally sparked by a softer-than-expected US consumer price index (CPI) reading, raising hopes for a possible Federal Reserve rate cut next month.
US inflation in July eased to 2.7 per cent, below market forecasts of 2.8 per cent for headline CPI and 3.0 per cent for core CPI.
At 9.17am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was up 2.30 points, or 0.15 per cent, at 1,570.20 from Tuesday’s close of 1,567.90. The benchmark index had opened 1.17 points higher at 1,569.07.
Market breadth was positive, with 286 gainers outpacing 107 decliners, while 269 counters remained unchanged, 1,860 were untraded, and 18 suspended.
Turnover stood at 298.39 million shares valued at RM112.24 million.
