Bursa Malaysia’s benchmark index closed lower across the board on Friday, as market participants digested the implications of the United States’ latest tariff measures targeting imports from 60 economies.
The decline marked a continuation of selling pressure that has characterized the local market in recent sessions, with trade policy risks displacing earlier technical drivers.
The retreat comes after a volatile week for Malaysian equities.
On Tuesday, the key index fell as traders locked in profits following three consecutive days of gains, with banking and oil and gas counters leading the decline.
The previous Monday also saw the index reverse upward momentum, driven primarily by profit-taking in the banking sector.
Friday’s move suggests that macro-level trade concerns are now outweighing short-term technical rebounds.