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.
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 Industries
- Inari Amertron
- Zetrix AI
- VS Industry
- AirAsia X
High activity seen in mid-cap and speculative counters
Top Gainers (By Value)
- Telekom Malaysia
- Fraser & Neave
- Press Metal
- Inari Amertron
- Unisem
Top Losers (By Value)
- United Plantations
- Hong Leong Bank
- Hong Leong Financial
- Heineken Malaysia
- Nestlé Malaysia
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