KUALA LUMPUR, May 21 (Bernama) -- Bursa Malaysia ended at its intraday low on Thursday as investor sentiment remained cautious amid ongoing foreign outflows, although the recent weakness may present bargain-hunting opportunities in fundamentally sound blue-chip counters. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 9.33 points, or 0.54 per cent, to 1,708.36, from yesterday’s close of 1,717.69. The benchmark index, which opened 3.74 points higher at 1,721.43, hit an intraday high of 1,722.50 in early trade before losing momentum for the rest of the day. Market breadth was negative, with losers outpacing gainers 656 to 508, while 565 counters were unchanged, 989 untraded and 32 suspended. Turnover fell to 3.49 billion units worth RM3.70 billion compared with 4.15 billion units worth RM4.29 billion on Wednesday.
Singapore is stepping up efforts to attract global capital, as Singapore Exchange partners with Bloomberg to enhance visibility and accessibility of local equities . Strategic Push to Attract Global Investors The partnership focuses on: Expanding investor outreach Improving research distribution Enhancing market transparency and engagement A key initiative will make equity research under MAS programmes available on the Bloomberg Terminal , increasing exposure to global institutional investors . Improving Corporate Standards and Investor Relations The collaboration will also introduce: Training frameworks for listed companies Best practices in data quality and disclosures Investor relations enhancement programmes C-suite roundtables and training sessions will be held both locally and internationally , aiming to strengthen connections between companies and investors. Strong Market Activity Supports Initiative The move comes...