KUALA LUMPUR, Oct 20 (Bernama) -- Bursa Malaysia’s benchmark index edged higher at the close as bargain hunting emerged following Monday’s sharp sell-off, although it narrowly failed to reclaim the 1,600 level, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) gained 3.83 points, or 0.24 per cent, to 1,599.58 from Monday’s close of 1,595.75. The index opened 3.18 points lower at 1,592.57, marking its intraday low, and reached an intraday high of 1,602.83 in early trading. On the broader market, decliners outnumbered gainers 751 to 331, while 499 counters were unchanged, 1,259 untraded and 10 suspended. Turnover rose to 2.86 billion units worth RM2.42 billion against Monday’s 2.49 billion units worth RM2.38 billion.
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
Comments
Post a Comment