KUALA LUMPUR: The selling on Bursa Malaysia accelerated alongside declines across global markets as US consumer data sparked a surge in Treasury yields.
KUALA LUMPUR: The FBM KLCI may be looking at flattish trading given the weakened global sentiment although technology stocks are expected to rally on the back of Nvidia's earnings beat.
Technology stocks have been in the doldrums for the past 18 months due to weakening global tech demand and inflationary pressures that triggered an inventory glut across the industry.