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.
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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