KUALA LUMPUR, April 30 (Bernama) -- Last-minute buying lifted Bursa Malaysia’s benchmark index, reversing earlier losses as higher oil prices boosted sentiment for energy- and chemical-related counters. Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said regional markets remained under pressure following negative cues from Wall Street, compounded by surging oil prices, mixed earnings, and a cautious US Federal Reserve stance. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) increased 1.60 points, or 0.09 per cent, to 1,722.02 from Wednesday’s close of 1,720.42. The benchmark index opened marginally lower at 1,720.23 and moved between a low of 1,712.14 and a high of 1,722.03 throughout the day. Market breadth, however, was negative, with losers trouncing gainers 816 to 360. A total of 546 counters were unchanged, 950 were untraded, and 77 were suspended. Turnover declined to 2.91 billion un...
Bursa Malaysia ended lower on Feb 27, with broad-based weakness outweighing selective blue-chip strength.
The FTSE Bursa Malaysia KLCI closed at 1,716.61 (-1.40%), while:
FBM 70 Index: -0.88%
FBM Small Cap Index: -0.64%
FBM Emas Index: -1.23%
Selling pressure was broad, but liquidity remained strong in banks and large caps.
FBM KLCI Movers
Top Gainers:
Sime Darby Bhd +2.09% (RM2.44)
QL Resources Bhd +2.00%
MR D.I.Y. Group (M) Bhd +1.70%
Tenaga Nasional Bhd +1.41%
RHB Bank Bhd +1.20%
Top Losers:
Press Metal Aluminium Holdings Bhd -6.18%
Petronas Chemicals Group Bhd -5.06%
CIMB Group Holdings Bhd -4.96%
YTL Corp Bhd -4.17%
99 Speed Mart Retail Holdings Bhd -3.91%
Key Point: Commodity-linked names and financials dragged the index lower despite defensive pockets holding up.
FBM 70 Movers
Top Gainer:
UWC Bhd +9.49%
Top Losers:
Padini Holdings Bhd -7.00%
MBSB Bhd -5.92%
Astro Malaysia Holdings Bhd -5.88%
Mid-cap volatility remained elevated, especially in consumer and financial segments.
Malaysia REITs Movers
Top Gainer:
Al-‘Aqar Healthcare REIT +0.79%
Top Losers:
Sunway Real Estate Investment Trust -4.60%
IGB Real Estate Investment Trust -4.32%
REITs showed weakness, suggesting rate-sensitive counters faced selling pressure.
Most Actively Traded
Malayan Banking Bhd was the most actively traded stock:
Price: RM11.96
Turnover: RM558 million
Change: -0.33%
Heavy turnover in Maybank indicates institutional repositioning rather than panic selling.
Money Master Take
Index weakness was broad, not panic-driven.
Commodity and banking names led the downside, hinting at macro sensitivity.
Select defensives (utilities, consumer staples) showed relative strength.
Liquidity remains healthy, especially in large-cap financials.
The session reflects rotation and sector repricing rather than structural breakdown.
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