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.
Quick Summary Singapore stocks ended mixed on Friday as REITs led gains while banks and industrial names weighed on sentiment . The Straits Times Index (STI) saw selective buying interest despite heavy turnover in blue chips. Key Takeaways CapitaLand Integrated Commercial Trust (C38U) topped the STI, rising 2.94% to S$2.45, driven by renewed interest in defensive yield plays. YZJ Shipbuilding (BS6) was the biggest laggard, slumping 6.23% , as investors pared exposure to cyclical industrial stocks. DBS Group (D05) was the most actively traded counter, down 0.6% to S$59.30, reflecting profit-taking in bank heavyweights. REITs outperformed , with several trusts posting gains amid global volatility and falling risk appetite. Market activity remained elevated, signalling portfolio rotation rather than broad-based selling . Market Snapshot Top Gainer (STI): CapitaLand Integrated Commercial Trust +2.94% T...