Summary Malaysia’s benchmark index closed slightly lower, with mixed market activity and continued rotation across sectors. Market Performance Snapshot FBM KLCI: 1,717.27 ( -0.18% ) FBM Mid 70: +0.53% FBM Small Cap: +0.04% FBM ACE: +0.12% Key Point: Broader market showed resilience, but heavyweights dragged the KLCI lower. Trading Activity Total Volume: 3.74 billion shares Total Value: RM3.30 billion Gainers vs Losers: 579 gainers vs 599 losers Market sentiment remained mixed with slight bearish tilt Ringgit Performance USD/MYR: 3.9525 SGD/MYR: 3.1041 Key Point: Ringgit remained relatively stable despite market weakness. Top Movers (KLCI) Gainers Telekom Malaysia (+6.76%) Press Metal (+4.51%) Sime Darby (+2.33%) YTL Corp (+1.49%) Losers Sunway Healthcare (-3.13%) Hong Leong Bank (-1.93%) CIMB (-1.92%) Public Bank (-1.87%) Key Point: Gains led by telco & industrials, while banks pressured the index. Most Active Stocks Luster...
Market Daily Report: Bursa Malaysia Higher As AI Optimism, Firm Commodities Offset Geopolitical Concerns
KUALA LUMPUR, April 27 (Bernama) -- Bursa Malaysia remained in positive territory at mid-afternoon, rising 0.33 per cent, supported by gains in artificial intelligence (AI)-related and metals-linked counters, as stalled US-Iran talks heightened concerns over supply disruptions, thereby underpinning commodity prices. Stronger China gross domestic product (GDP), which expanded 5.0 per cent year-on-year in the first quarter of 2026, and renewed enthusiasm surrounding AI boosted investor sentiment, although a lack of progress in peace talks kept gains modest. At 3 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) edged up 5.79 points to 1,726.13 from last Friday’s close of 1,720.34. The benchmark index opened 4.13 points higher at 1,724.47. Market breadth was negative, with losers outpacing gainers 507 to 419, while 517 counters were unchanged, 1,305 untraded and 67 suspended. Turnover...