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.
Malaysia’s benchmark index is set for a sector reshuffle , with real estate gaining prominence as IOI Properties Group (5249.MY) replaces Sime Darby (4197.MY) in the FTSE Bursa Malaysia KLCI Index . Index Rebalance to Shift Sector Weightings According to CIMB Securities , the changes effective June 22, 2026 are expected to: Reduce weighting in financials and utilities Increase exposure to real estate Lift weightings in industrial, energy, consumer, and technology sectors Rebalancing trades are likely to take place on June 19 , potentially driving short-term volatility . Broader Index Changes Across Bursa Benchmarks Adjustments extend beyond the KLCI: FBM 70 Index New entrants include: AirAsia X (5238.MY) Allianz Malaysia (1163.MY) Ranhill Utilities (5272.MY) Sime Darby (4197.MY) Solarvest (0215.MY) These replace names such as CTOS Digital (5301.MY) and NationGate (0270.MY) , partly due ...