KUALA LUMPUR: There was a relative quiet on Malaysia's stock market as investors in global markets celebrated a ruling from a US trade court that stopped US President Donald Trump's tariffs from going into effect.
Malaysia's benchmark FBM KLCI rose 2.12 points to 1,525.60 at the opening bell, but subsequently subsided to reflect the uncertain sentiment.
As global markets celebrate, there remains an air of caution as it remains to be seen what the latest development in the tariffs saga means.
Asian markets and US futures rallied in response to the prospect of an end to the assault on the global trade order even as analysts caution the final word may remain with the Supreme Court, as well as Trump's willingness to abide with the ruling of the judiciary.
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