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 FBM KLCI opened higher, up 0.84% to 1,755.48 Broad-based buying in blue-chip stocks lifted sentiment Most key indices traded firmly in positive territory Market tone signals cautious optimism at the open Market Snapshot (Opening) FBM KLCI: 1,755.48 ( +14.60 points | +0.84% ) FBM 70: 17,541.18 ( +0.18% ) F4GBM: 1,033.75 ( +0.67% ) FBM EMAS: 12,825.70 ( +0.63% ) FBM Shariah: 12,355.07 ( +0.65% ) Most Active Stocks Hong Seng (0041): 112.6m shares, unchanged at 0.005 Zentech (0094): 86.9m shares traded Capital A (5099): 54.3m shares at 0.615 JCY (5161): +0.010 to 0.395 , 53.6m shares Gamuda (5398): -0.090 to 4.330 , 49.1m shares Top Gainers Nestlé (4707): +2.20 to 114.20 United Plantations (2089): +0.36 to 30.60 Aji (2658): +0.32 to 13.96 MPI (3867): +0.30 to 32.30 Tenaga Nasional (5347): +0.24 to 14.18 Top Decliners F&N (3689): ...