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Market Daily Report: Bursa Malaysia Ends Lower On Cautious Sentiment

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.

Pos Malaysia Imposes Fuel Surcharges as Jet Fuel Prices Surge Amid War

Pos Malaysia Bhd  has introduced  fuel surcharges on domestic and international deliveries , reflecting rising logistics costs driven by surging global fuel prices amid escalating Middle East tensions. Fuel Surcharges Introduced Across Services Effective  March 18, 2026 , Pos Malaysia will apply: 15% surcharge on domestic shipments 40% surcharge on international deliveries These charges are applied  on top of base shipping prices  and are subject to  sales and service tax (SST) . The domestic surcharge covers routes between  Peninsular Malaysia and East Malaysia , including Sabah and Sarawak, while international surcharges apply across  all global destinations and services . Broad Impact Across Delivery Products The surcharge affects key services such as: Pos Laju and MyDistribution (domestic) Redly Express, EMS, Air Parcel, and Flexipack International However,  postcards and international letters are exempt , offering some relief for basic m...