Bursa Malaysia slides as UAE’s OPEC+ exit rattles energy markets

MSN
2026.04.30 05:33
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Bursa Malaysia experienced a decline on April 30, with the benchmark FBM KLCI dropping 9.20 points to 1,720.40. This downturn was attributed to negative investor sentiment following the announcement of the United Arab Emirates' exit from the OPEC+ alliance, effective May 1. Losses in the financial and energy sectors significantly impacted the market, overshadowing any gains.