KUALA LUMPUR, Sept 1 ― Bursa Malaysia ended the morning trading session in the red, tracking the lacklustre performance of global equities amid lingering worries over the United States Federal Reserve’s interest rate hikes, dealers said.
Turnover stood at 1.41 billion units worth RM986.45 million ActivTrades trader Anderson Alves said Asian equities were on the back foot on Thursday following a negative month-end session on Wall Street, with most sectors closing in the red. He added that major macro events for global markets will be the US nonfarm payrolls data to be released tomorrow, with investors waiting to gauge how aggressive the Fed's monetary policy could be towards year-end.
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