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.
Simple Summary China’s grid investment hit a record high in 2025 and is set to keep rising through 2030, as Beijing moves to clear power transmission bottlenecks , support AI-driven electricity demand , and integrate massive renewable capacity. What’s Happening China’s electricity grid spending climbed 5% to 639.5 billion yuan in 2025, according to the China Electricity Council . This contrasts with slower investment in new power generation , where solar development has faced recent constraints. Who’s Driving the Spend China’s two dominant grid operators: State Grid Corp of China China Southern Power Grid Co have steadily lifted capital expenditure, with combined budgets nearing 1 trillion yuan in 2026 and expected to grow through the end of the decade. Where the Money Is Going Key focus areas include: Ultra-high-voltage (UHV) transmission lines , linking over 420GW of capacity by 2030 Expansion of the West-to-East ...