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23/05/2026

KUALA LUMPUR: The ringgit retreated against the US dollar today, ending a three-day winning streak as investors focused on geopolitical tensions and the increasingly hawkish stance adopted by central banks globally.
Bank Muamalat Malaysia Bhd chief economist Afzanizam Rashid said the ringgit was mostly in a narrow range with the US dollar today, languishing around RM3.9583 to RM3.9688.

“The ongoing negotiation between the US and Iran is still the main focus while central banks across the globe seem to be taking a more hawkish stance,” he told Bernama.

The ringgit firmed against the US dollar for the past three days as market sentiment improved on the back of Malaysia’s trade performance, which rose 28.6% year-on-year (y-o-y) to a record RM336.73 billion in April 2026.

The investment, trade and industry ministry (Miti) earlier this week reported that the higher export figures were driven mainly by strong exports of electrical and electronic (E&E) products.

Malaysia’s trade maintained strong momentum in April 2026 with exports and imports reaching record highs despite heightened global uncertainties, including geopolitical tensions in West Asia that led to higher logistics costs, supply chain disruptions and commodity price volatility.

Miti also said exports extended their growth momentum for the 10th consecutive month, surging 36.9% to a record RM182.74 billion, surpassing the previous high of RM152.77 billion recorded in December 2025 by RM30 billion, while imports rose 20% to RM153.99 billion.

At 6pm, the ringgit fell to 3.9655/3.9700 versus the greenback from 3.9595/3.9630 at yesterday’s close.

At the close, the ringgit traded mostly lower against a basket of major currencies.

It weakened versus the Japanese yen to 2.4925/2.4954 from 2.4906/2.4929 at yesterday’s close, slid against the British pound to 5.3245/5.3305 from 5.3220/5.3267 previously, but gained against the euro to 4.6012/4.6064 from 4.6037/4.6078 yesterday.

At the same time, the local currency was mixed against regional peers.

It fell against the Singapore dollar to 3.0985/3.1023 from 3.0967/3.0997 at the close yesterday, down against the Thai baht to 12.1421/12.1611 from 12.1304/12.1468 yesterday, but edged up against the Indonesian rupiah to 223.8/224.1 from 224.1/224.4 previously.

It was almost flat against the Philippine peso at 6.42/6.44 from 6.43/6.44.

21/05/2026

KUALA LUMPUR: Genting Bhd’s net profit for the first quarter (Q1) ended March 31 jumped to RM101.10 million from RM4.60 million in the same quarter a year ago.

Revenue for the quarter also rose 2% to RM6.66 billion from RM6.51 billion previously.

Genting said Resorts World Sentosa (RWS) recorded a revenue of RM1.88 billion in the current quarter.

“Steady operational progress was made in the quarter, with non-gaming revenue increasing year-on-year, supported by higher visitation to key attractions including Universal Studios Singapore and the Singapore Oceanarium at RWS,” it said in a filing with Bursa Malaysia.

As for its oil palm plantation segment, Genting said revenue was higher in the current quarter. Additionally, the previous year’s corresponding quarter featured higher profit realised on brought-forward inventory.

“The downstream manufacturing segment recorded higher revenue, and the power division’s revenue increased, primarily attributable to higher generation from the Banten Plant in Indonesia in the current quarter due to no outage, unlike the previous year’s corresponding quarter, which was impacted by an unplanned outage,” it said.

The company said the group’s performance for the remaining period of the 2026 financial year might be impacted as global growth momentum is expected to soften amid ongoing geopolitical tensions in West Asia and broader macroeconomic uncertainties, despite certain economies, such as the US, having demonstrated resilience to date.

“In Malaysia, the outlook is expected to remain cautious, as growth may moderate due to inflationary pressures, geopolitical uncertainties and external headwinds weighing on the broader domestic economy.

“Cross-border tourism demand is expected to face challenges due to weaker outbound travel trends and higher travel-related costs,” it added.

18/05/2026

KUALA LUMPUR: The ringgit closed lower against the US dollar on Monday, as cautious sentiment prevailed in the foreign exchange market.

This came on the back of China’s weaker economic data and amid jitters ahead of the Federal Open Market Committee (FOMC) minutes to be released on Wednesday.

Bank Muamalat Malaysia Bhd chief economist Afzanizam Abdul Rashid said China data took centre stage after fixed-asset investment shrank 1.6% in the first four months of 2026, against expectations for a 1.7% growth.

“In addition, retail sales grew at a significantly slower rate of 0.2% (year-on-year) during April after posting a 1.7% growth in the previous month while the industrial production growth moderated to 4.1% from 5.7% previously.

“Hence, the April figures showed China’s economy is slowing amid the supply shock in the oil and gas sector following the Iran war which erupted on Feb 28 this year. As such, market sentiment was cautious throughout the day,” he told Bernama.

At the close, the ringgit traded mostly easier against a basket of major currencies.

At 6pm, the ringgit depreciated to 3.9720/3.9770 versus the greenback from 3.9515/3.9580 at last Friday’s close.

It strengthened versus the British pound to 5.3078/5.3145 from 5.3094/5.3135, but fell against the Japanese yen to 2.4991/2.5024 from 2.4886/2.4907 and slid vis-a-vis the euro to 4.6214/4.6272 from 4.6009/4.6044 previously.

The local currency traded easier against regional peers.

It eased versus the Singapore dollar to 3.1036/3.1078 from 3.0867/3.0893 on Friday, fell against the Philippine peso to 6.43/6.45 from 6.37/6.38 previously, weakened vis-a-vis the Thai baht to 12.1646/12.1848 from 12.1506/12.1652, and slipped against the Indonesian rupiah to 224.8/225.1 from 224.1/224.4.

16/05/2026

KUALA LUMPUR: The ringgit closed mostly higher after Bank Negara Malaysia (BNM) reported a 5.4% economic growth in Q1 2026, above the 5.3% advance estimate.

However, the local note was lower against the US dollar today amid continued support for the greenback on expectations that the US Federal Reserve (Fed) would maintain its restrictive monetary stance.

At 6pm, the ringgit depreciated to 3.9515/3.9580 against the greenback from 3.9300/3.9330 at Thursday’s close.

Earlier today, BNM reported that Malaysia’s economy expanded by 5.4%, with household spending remaining resilient amid favourable labour market conditions and continued policy support.

The report also said investment activity was sustained by machinery and equipment spending, structures investment and the implementation of multi-year projects.

The central bank said private consumption expanded by 4.7% in Q1 2026, while private investment grew 7.8%. Net exports surged 13.5% amid steady export growth and a faster moderation in imports.

Bank Muamalat Malaysia Bhd chief economist Afzanizam Abdul Rashid said strong US retail sales growth of 4.9% year-on-year in April suggests that the Fed is likely to maintain its restrictive stance this year, providing support for the dollar.

“Meanwhile, the recent meeting between US president Donald Trump and his Chinese counterpart Xi Jinping appeared cordial, suggesting that trade relations between the two countries remain fairly conducive for now,” he told Bernama.

At the close, the ringgit traded mostly higher against a basket of major currencies.

It appreciated against the British pound to 5.2749/5.2835 from 5.3094/5.3135, and rose against the euro to 4.5948/4.6024 from 4.6009/4.6044 at Thursday’s close.

However, it slid against the Japanese yen to 2.4927/2.4968 from 2.4886/2.4907 previously.

The local currency traded mostly lower against its regional peers.

It rose against the Thai baht to 12.0989/12.1247 from 12.1506/12.1652, but eased against the Singapore dollar to 3.0871/3.0927 from 3.0867/3.0893, shed against the Indonesian rupiah to 224.5/225.0 from 224.1/224.4 and was lower against the Philippine peso at 6.40/6.41 from 6.37/6.38.

13/05/2026

KUALA LUMPUR: Bursa Malaysia closed lower today, reversing Tuesday’s gains as cautious investors weighed the broader macroeconomic and geopolitical outlook amid subdued trading.

At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) slipped by 4.25 points or 0.24% to 1,746.31 from Tuesday’s close of 1,750.56.

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said that investors adopted a cautiously positive stance ahead of the meeting between US president Donald Trump and Chinese president Xi Jinping in China.

Key topics expected to be discussed include tariffs and artificial intelligence.

“On the domestic front, market direction remains uncertain given the increased volatility and mixed external developments,” he told Bernama.

Meanwhile, IPPFA Sdn Bhd director of investment strategy and country economist Sedek Jantan, nevertheless, said the decline in the FBM KLCI below the 1,750-point level should not be interpreted as a sign of structural weakness, particularly after the market’s strong performance throughout April and last week.

“Instead, the latest pullback appears more consistent with short-term profit-taking following the recent rally,” he added.

The benchmark index, which opened 0.10 of-a-point firmer at 1,750.66, moved between 1,742.41 and 1,752.64 during today’s session.

Market breadth was negative, with losers outnumbering gainers 611 to 577. A total of 555 counters were unchanged, 932 untraded, and 13 suspended.

Turnover decreased to 4.14 billion units worth RM3.44 billion compared with 4.92 billion units worth RM3.59 billion on Tuesday.

Among heavyweights, Maybank and Tenaga Nasional fell six sen to RM11.18 and RM14.72, respectively, IHH Healthcare slipped four sen to RM8.99, while Public Bank rose four sen to RM4.88 and CIMB climbed two sen to RM7.92.

On the most active list, GIIB added 6.5 sen to 27 sen, WCT rose 3.5 sen to 51.5 sen, and UEM Sunrise gained three sen to 66.5 sen. Astro and SMRT slid half-a-sen to 5.5 sen and 27 sen, respectively.

Among the top gainers, Malaysian Pacific Industries advanced RM1.54 to RM43.80, UMS Integration jumped 80 sen to RM8.80, Petronas Dagangan increased 78 sen to RM21.10, Vitrox garnered 27 sen to RM6.29, and UWC soared 24 sen to RM5.97.

The top losers included Fraser & Neave, which dipped 74 sen to RM29.16, Hong Leong Industries sank 40 sen to RM18.90, while Allianz and United Plantations dropped 18 sen each to RM21.12 and RM30.12, respectively.

On the index board, the FBM Emas Index slid 18.13 points to 12,936.24, the FBMT 100 Index lost 20.47 points to 12,774.20, and the FBM Emas Shariah Index shed 6.25 points to 12,868.05.

The FBM ACE Index rose by 23.91 points to 4,752.19 and the FBM Mid 70 Index increased 15.73 points to 18,548.80.

By sector, the financial services index ticked up 0.75 of-a-point at 20,302.05, and the plantation index shrank 78.81 points to 8,719.25. The industrial products and services index put on 1.06 points to 199.73 and the energy index eased by 1.88 points to 805.94.

The Main Market volume slipped to 2.32 billion units valued at RM3.07 billion from 2.79 billion units valued at RM3.03 billion on Tuesday.

Warrants turnover expanded to 1.18 billion units worth RM152.42 million from 1.07 billion units worth RM148.0 million previously.

The ACE Market volume tumbled to 638.74 million units valued at RM217.64 million from 1.05 billion units valued at RM412.60 million yesterday.

Consumer products and services counters accounted for 261.59 million shares traded on the Main Market, industrial products and services (502.48 million), construction (342.55 million), technology (392.03 million), financial services (55.95 million), property (284.60 million), plantation (28.91 million), real estate investment trusts (15.28 million), closed-end fund (26,600), energy (80.44 million), healthcare (119.58 million), telecommunications and media (125.97 million), transportation and logistics (64.32 million), utilities (47.78 million), and business trusts (69,300).

11/05/2026

KUALA LUMPUR: The ringgit opened higher against the US dollar on Monday, as investors kept an eye on the ongoing peace negotiations over the West Asia crisis, an analyst said.

At 8am, the local unit rose to 3.9170/3.9230 against the greenback, compared with Friday’s close of 3.9185/3.9230.

Bank Muamalat Malaysia Bhd chief economist Afzanizam Rashid said market sentiment continued to revolve around the war in Iran, as the ongoing peace negotiations appeared elusive amid inconsistent reports on their progress.

“Higher oil prices are eating into businesses’ margins and consumers’ budgets across the globe, leading to a possible slowdown in investment and consumption.

“As such, risk appetite among the traders is likely to remain guarded,” he added.

At the time of writing, the Brent crude oil price climbed by 3.55% to US$104.93 per barrel.

Afzanizam also said the US non-farm payrolls report came in higher at 115,000 in April versus consensus estimates of 62,000, suggesting the US labour market remained resilient and that the US Federal Reserve might not be in a hurry to cut rates.

As such, he said the ringgit is expected to trade in a narrow range, as traders are also anticipating the release of Malaysia’s gross domestic product (GDP) for the first quarter of 2026 this Friday.

“It seems the Malaysian economy will continue to maintain a healthy growth trajectory during the first three months of this year and perhaps in the first half of 2026.

“That notion could provide some support to the ringgit as the government remains proactive to provide the right response to the current shock,” he said.

At the opening, the ringgit traded higher against a basket of major currencies and most Asean currencies.

The local note appreciated versus the Japanese yen to 2.4970/2.5010 from 2.5010/2.5040 at last Friday’s close, increased against the British pound to 5.3248/5.3329 from 5.3354/5.3416 last week, and rose vis-a-vis the euro to 4.6095/4.6166 from 4.6121/4.6174 previously.

Against its regional peers, the ringgit edged up against the Singapore dollar to 3.0886/3.0936 from 3.0910/3.0948 at last Friday’s close, strengthened versus the Thai baht to 12.1322/12.1579 from 12.1640/12.1844 previously, and inched up vis-a-vis the Indonesian rupiah at 225.3/225.7 versus 225.4/225.7.

However, the local note was unchanged against the Philippine peso at 6.46/6.47 versus last Friday’s close.

07/05/2026

KUALA LUMPUR: Bursa Malaysia closed marginally higher today, supported by continued buying in banking heavyweights following Bank Negara Malaysia’s decision to maintain the overnight policy rate (OPR) at 2.75%.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 1.98 points, or 0.11%, to 1,758.85 from yesterday’s close of 1,756.87.

The benchmark index, which opened 5.94 points higher at 1,762.81, moved between 1,758.42 and 1,768.46 during the day.

Market breadth was positive, with gainers beating losers 660 to 582. A total of 592 counters were unchanged, 817 untraded, and nine suspended.

Turnover eased to 3.75 billion units worth RM4.21 billion compared with 3.98 billion units worth RM3.97 billion yesterday.

IPPFA Sdn Bhd director of investment strategy and country economist Sedek Jantan said BNM’s decision to maintain the OPR signals confidence in domestic demand resilience, while acknowledging rising downside risks from external shocks, particularly geopolitical tensions and commodity price volatility.

“The policy stance effectively validates the market’s current positioning, with a preference for domestically insulated earnings streams amid an uncertain global backdrop,” he told Bernama.

Meanwhile, Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said the FBM KLCI pared earlier session gains due to late profit-taking but managed to finish in the green.

“Key regional indices trended higher as growing optimism over a potential US-Iran peace deal lifted sentiment across risk-driven markets.

“Regional bourses also took cues from Wall Street’s strong overnight performance, driven mainly by gains in technology and chip-related stocks,” he said.

Among heavyweights, Maybank added four sen to RM11.26, Public Bank gained 10 sen to RM4.89, CIMB Group rose 11 sen to RM8.04, Hong Leong Bank expanded 48 sen to RM22.60, Tenaga Nasional was flat at RM14.80, and IHH Healthcare improved three sen to RM8.88.

On the most active list, Zetrix AI eased 0.5 sen to 86.5 sen, Pegasus Heights was unchanged at 0.5 sen, AirAsia X gained five sen to RM1.30, Capital A rose one sen to 44.5 sen, and SMRT Holdings added two sen to 22 sen.

Top gainers included Nestle, which surged RM3.20 to RM104.10, Fraser & Neave advanced 92 sen to RM30.02, Allianz Malaysia climbed 62 sen to RM21.42, UMS Integration rose 54 sen to RM7.37, and Malayan Cement added 47 sen to RM7.14.

Top losers included Petronas Chemicals, which fell 59 sen to RM5.28, MISC fell 31 sen to RM8.37, Gas Malaysia declined 20 sen to RM5.30, Malaysian Pacific Industries dropped 18 sen to RM41.22, and Bintulu Port shed 15 sen to RM5.50.

On the index board, the FBM Emas Index rose 17.24 points to 12,980.73, the FBMT 100 Index gained 19.35 points to 12,826.74, the FBM Emas Shariah Index declined 62.14 points to 12,863.13, the FBM Mid 70 Index improved 48.75 points to 18,457.09, and the FBM ACE Index added 3.74 points to 4,665.74.

By sector, the financial services index climbed 237.21 points to 20,473.43, the industrial products and services index slid 3.10 points to 194.42, the energy index dropped 19.93 points to 811.86, and the plantation index declined 30.20 points to 8,937.77.

The Main Market volume decreased to 2.11 billion units valued at RM3.92 billion from 2.28 billion units valued at RM3.64 billion on Wednesday.

Warrants turnover expanded to 1.24 billion units worth RM172.75 million from 1.21 billion units worth RM166.34 million previously.

The ACE Market volume eased to 419.93 million units valued at RM147.55 million from 497.99 million units valued at RM166.82 million yesterday.

Consumer products and services counters accounted for 295.23 million shares traded on the Main Market, industrial products and services (343.55 million), construction (178.33 million), technology (344.2 million), financial services (145.18 million), property (296.41 million), plantation (38.18 million), real estate investment trusts (20.77 million), closed-end fund (96,300), energy (225.85 million), healthcare (81.51 million), telecommunications and media (28.14 million), transportation and logistics (44.55 million), utilities (77.69 million), and business trusts (320,900).

04/05/2026

KUALA LUMPUR: Bursa Malaysia ended at an intraday high on broad-based buying, reflecting improving sentiment on the local front, analysts said.

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said key regional indices also ended higher, supported by strong gains in AI-related and technology stocks, as investors continued to rotate into growth sectors amid improving global risk appetite.

Thong remains cautiously optimistic on the local market, supported by selective accumulation in blue chips and the improving market tone.

“However, sentiment is likely to stay measured as geopolitical tensions in West Asia remain unresolved and could lead to sudden shifts in market direction,” he told Bernama.

Meanwhile, IPPFA Sdn Bhd director of investment strategy and country economist Sedek Jantan said Malaysia Manufacturing PMI, which reached a four-year high, points to a strengthening in underlying activity and, more importantly, an improvement in business confidence.

“This suggests the recovery is becoming more durable rather than purely cyclical, supporting a rotation into mid- and small-cap segments that are more leveraged to domestic demand,” he said.

Furthermore, he said the firmer tone was underpinned by improving global risk sentiment following strong earnings delivery from the US technology sector, which continues to reinforce confidence in the resilience of the global earnings cycle.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 17.75 points, or 1.03%, to close at 1,739.77 from Thursday’s close of 1,722.02.

The benchmark index, which opened 6.72 points firmer at 1,728.74, hit its lowest level of 1,725.01 in early trade before gaining momentum for the rest of the day.

Market breadth was positive with gainers leading losers 668 to 494. A total of 582 counters were unchanged, 877 untraded, and 24 suspended.

Turnover increased to 3.05 billion units worth RM2.55 billion compared with 2.91 billion units worth RM3.21 billion on Thursday.

Among heavyweights, Maybank rose 20 sen to RM11.28, Public Bank added seven sen to RM4.75, Tenaga Nasional gained 26 sen to RM14.80, CIMB increased three sen to RM7.69 and IHH Healthcare climbed five sen to RM8.87.

On the most active list, Zetrix AI gained four sen to 86 sen, Pegasus was flat at 0.5 sen, Malaysian Resources Corp rose two sen to 36.5 sen, GIIB was five sen firmer at 16 sen, and VS Industry shed 0.5 sen to 20.5 sen.

Among the top gainers, Malaysian Pacific Industries garnered RM1.38 to RM38, Hong Leong Industries gained 38 sen to RM17.70, KESM increased 32 sen to RM4.40 and Vitrox jumped 31 sen to RM5.76.

Among the top losers, Nestle slipped RM4.60 to RM103.80, Fraser & Neave dropped RM1.28 to RM30.02, United Plantations slid RM1.22 to RM30.52 and PPB eased 26 sen to RM11.26.

On the index board, the FBM Emas Index surged 124.02 points to 12,847.77, the FBM Top 100 Index soared 128.21 points to 12,689.04, the FBM Emas Shariah Index increased 106.09 points to 12,824.45, the FBM Mid 70 Index leapt 179.24 points to 18,265.21, and the FBM ACE Index perked up 17.95 points to 4,636.06.

By sector, the energy index fell 2.96 points to 837.71, the financial services index soared 205.29 points to 20,090.32, while the industrial products and services index eased 0.09 of-a-point to 196.22, and the plantation index climbed 34.46 points to 8,973.77.

The Main Market volume slipped to 1.74 billion units valued at RM2.27 billion from 1.83 billion units valued at RM2.99 billion on Thursday.

Warrants turnover expanded to 918.52 million units worth RM146.22 million from 771.93 million units worth RM101.99 million previously.

The ACE Market volume increased to 388.84 million units valued at RM132.46 million from 308.47 million units valued at RM114.03 million last Thursday.

Consumer products and services counters accounted for 170.83 million shares traded on the Main Market, industrial products and services (387.21 million), construction (165.91 million), technology (346.47 million), financial services (49.7 million), property (318.86 million), plantation (31.68 million), real estate investment trusts (17.47 million), closed-end fund (18,400), energy (83.55 million), healthcare (58.78 million), telecommunications and media (34.32 million), transportation and logistics (37.19 million), utilities (41.45 million), and business trusts (31,800).

28/04/2026

KUALA LUMPUR: The ringgit traded mostly higher against other major and Asian currencies in early trade today amid cautious sentiment in the currency market.

The domestic unit, however, was little changed against the US dollar as investors adopted a wait-and-see stance ahead of the Federal Open Market Committee’s (FOMC) third meeting of the year, an analyst said.

At 8.18am, the local currency stood at 3.9505/3.9550 against the greenback, compared with 3.9505/3.9545 at Monday’s close.

Bank Muamalat Malaysia Bhd chief economist Afzanizam Rashid said the ringgit was expected to trade within a narrow range today amid cautious market sentiment.

“Traders and investors will be observing the latest assessment by the FOMC members when they conclude their two-day meeting on April 29,” he added.

At the opening, the ringgit appreciated against a basket of major currencies.

It rose against the British pound to 5.3482/5.3543 from 5.3525/5.3580 at Monday’s close, was higher against the Japanese yen to 2.4791/2.4821 from Monday’s 2.4810/2.4837, and eased against the euro to 4.6316/4.6368 from Monday’s 4.6387/4.6434.

The local currency traded mostly higher against Asean peers.

It went up against the Singapore dollar to 3.1011/3.1051 from 3.1018/3.1052 at Monday’s close, and rose against the Thai baht to 12.2061/12.2257 from yesterday’s close of 12.2129/12.2309.

The domestic unit was flat against the Indonesian rupiah and the Philippine peso at 229.5/229.8 and 6.50/6.51, respectively.

25/04/2026

KUALA LUMPUR: The ringgit closed mostly higher against major currencies today, while remaining stable versus the US dollar.

Bank Muamalat Malaysia Bhd chief economist Afzanizam Rashid said the government is adopting a targeted approach to improve small businesses’ access to financing during challenging times, helping to underpin overall market sentiment.

The ringgit appreciated slightly by 0.09% to RM3.9615 against the greenback in the early session.

Meanwhile, he noted that the US Dollar Index (DXY) was steady at 98 points as developments on negotiations between the US and Iran were not forthcoming.

“It appears that the markets are hopeful that some sort of resolution can be achieved between the two countries,” he told Bernama.

At 6pm, the ringgit was unchanged at 3.9630/3.9670 against the greenback.

At the close, the ringgit traded firmer against a basket of major currencies.

It rose against the euro to 4.6312/4.6358 from 4.6343/4.6390 at the close yesterday, inched up versus the Japanese yen to 2.4808/2.4834 from 2.4809/2.4836 yesterday and strengthened against the British pound to 5.3429/5.3483 from 5.3504/5.3558 previously.

At the same time, the local currency traded mixed against regional peers.

It appreciated against the Singapore dollar to 3.1009/3.1043 from 3.1041/3.1075 yesterday, and appreciated against the Philippine peso to 6.52/6.53 from 6.55/6.56 yesterday.

However, the local currency fell against the Thai baht to 12.2183/12.2363 from 12.2066/12.2242, while easing against the Indonesian rupiah to 230.0/230.3 from 229.2/229.5.

22/04/2026

KUALA LUMPUR: Bursa Malaysia snapped a four-day winning streak to close marginally lower today, as profit-taking followed mixed performances across regional markets.

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said today’s pullback is viewed as an opportunity for selective bargain-hunting in blue-chip stocks at more attractive levels.

“However, market participation is expected to remain measured as investors stay vigilant amid ongoing geopolitical uncertainties,” he told Bernama.

Meanwhile, IPPFA Sdn Bhd director of investment strategy and country economist Sedek Jantan said Bursa’s benchmark index managed to hold above the key psychological 1,700 level, indicating that underlying support remains intact despite softer sentiment.

“The lack of clarity has led markets to price in a prolonged standoff rather than a stable resolution, keeping risk premiums elevated and prompting a more defensive stance among investors domestically,” he said.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 4.94 points, or 0.29%, to 1,710.39 from yesterday’s close of 1,715.33.

The benchmark index opened 2.67 points higher at 1,718.00, and moved between 1,705.11 and 1,720.46 during the day.

In the broader market, losers led gainers 584 to 565, while 596 counters were unchanged, 1,014 untraded and 35 suspended.

Turnover declined to 3.19 billion units valued at RM2.69 billion from 3.45 billion units valued at RM3.18 billion yesterday.

Among the heavyweights, Maybank fell 14 sen to RM11.22, Public Bank slipped 4 sen to RM4.76, Tenaga Nasional eased 8 sen to RM14.52, CIMB Group declined 6 sen to RM7.74, while IHH Healthcare added 7 sen to RM8.81.

On the most active list, Zetrix AI dropped 3.5 sen to 86 sen, AirAsia X slid 10 sen to RM1.30, NexG gained 1 sen to 31.5 sen, Borneo Oil was flat at 0.5 sen, while Perdana Petroleum rose 2 sen to 18.5 sen.

Among the top gainers, Nestle climbed 72 sen to RM98.74, Petronas Dagangan increased 60 sen to RM20.60, Hong Leong Industries advanced 22 sen to RM17.58, UWC jumped 19 sen to RM4.97, while Batu Kawan added 18 sen to RM21.18.

As for the top losers, Malaysian Pacific Industries fell 96 sen to RM35.64, Hong Leong Bank dipped 34 sen to RM22.62, Fraser & Neave Holdings decreased 28 sen to RM30.92, Hong Leong Financial Group shed 20 sen to RM19.14, and Southern Cable slid 12 sen to RM1.98.

On the index board, the FBM Top 100 Index declined 29.72 points to 12,453.59, the FBM Emas Index fell 30.06 points to 12,618.02, the FBM Mid 70 Index trimmed 15.77 points to 17,835.27, the FBM Emas Shariah Index perked up 9.06 points to 12,481.19, and the FBM ACE Index edged up 1.04 points to 4,621.55.

By sector, the financial services index tumbled 171.61 points to 20,152.95, the industrial products and services index ticked up 0.71 of-a-point to 185.88, the energy index climbed 13.70 points to 822.04, and the plantation index surged 74.75 points to 8,911.63.

The Main Market volume slipped to 1.93 billion units valued at RM2.42 billion from 2.14 billion units valued at RM2.90 billion on Tuesday.

Warrants turnover dwindled to 872.24 million units worth RM119.92 million from 930.89 million units worth RM117.52 million previously.

The ACE Market volume expanded to 392.46 million units valued at RM149.79 million compared to 375.27 million units valued at RM163.50 million yesterday.

Consumer products and services counters accounted for 311.60 million shares traded on the Main Market, industrial products and services (342.63 million), construction (159.31 million), technology (423.71 million), financial services (54.77 million), property (130.48 million), plantation (58.38 million), real estate investment trusts (14.30 million), closed-end fund (13,800), energy (199.81 million), healthcare (107.28 million), telecommunications and media (50.08 million), transportation and logistics (47.89 million), utilities (34.11 million), and business trusts (144,500).

Venturastic Inv

23/05/2026

21/05/2026

18/05/2026

16/05/2026

13/05/2026

11/05/2026

07/05/2026

04/05/2026

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