--- title: "Bursa Malaysia slides as UAE’s OPEC+ exit rattles energy markets" type: "News" locale: "en" url: "https://longbridge.com/en/news/284699878.md" description: "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." datetime: "2026-04-30T05:33:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284699878.md) - [en](https://longbridge.com/en/news/284699878.md) - [zh-HK](https://longbridge.com/zh-HK/news/284699878.md) --- # Bursa Malaysia slides as UAE’s OPEC+ exit rattles energy markets By IntelliNews Bursa Malaysia ended the morning session in the red on April 30 as investor sentiment soured following news that the United Arab Emirates (UAE) will officially exit the OPEC+ alliance on May 1, Bernama reports. The benchmark FBM KLCI fell 9.20 points to 1,720.40, as heavy losses in the financial and energy sectors outweighed gains in... ### Related Stocks - [EWM.US](https://longbridge.com/en/quote/EWM.US.md) ## Related News & Research - [VEGOILS-Palm rises on firmer crude, Chicago soyoil but poise for third weekly fall](https://longbridge.com/en/news/286498847.md) - [UAE says OPEC, OPEC+ exit was sovereign strategic decision, not political move](https://longbridge.com/en/news/286640440.md) - [Obamacare Meltdown? Sharp ACA Enrollment Drop Expected As Pandemic-Era Subsidies End](https://longbridge.com/en/news/287067300.md) - [Etihad Energy reports strong Q1 growth following Brooge deal](https://longbridge.com/en/news/286994113.md) - [UAE races to bypass Strait of Hormuz with massive new oil pipeline](https://longbridge.com/en/news/286837793.md)