Bursa Malaysia ended its shortened trading week lower, with the FBM KLCI falling 17.78 points, or 1.03%, to 1,708.10 on 4 September from 1,725.88 on 29 August.
The market was closed on Monday, 31 August for Merdeka Day, leaving investors with four trading sessions during the week.
The benchmark opened September sharply lower on Tuesday, plunging 25.34 points, or 1.47%, to 1,700.54 as selling pressure intensified across the market. Banks and Tenaga Nasional were among the main drags, while weaker regional markets and geopolitical concerns added to the cautious mood.
Bursa staged a modest recovery on Wednesday, with the FBM KLCI gaining 8.20 points, or 0.48%, to 1,708.74 as bargain-hunting emerged following the previous session’s sell-off.
The index extended its recovery on Thursday, rising to 1,715.13, before giving back 7.03 points, or 0.41%, on Friday.
Friday’s weakness was largely driven by profit-taking in plantation counters following their recent strong run. The FBM Plantation Index fell 156 points as investors locked in gains.
The broader market also remained mixed, with 568 decliners against 523 gainers on Friday. Trading volume stood at 4.33 billion shares worth RM2.98 billion.
For the week, Bursa Malaysia remained under pressure from global risk-off sentiment, geopolitical tensions and concerns over interest-rate expectations. The mid-week rebound offered some relief, but renewed selling in plantation stocks pushed the benchmark back below 1,710 by Friday’s close.
