KUALA LUMPUR, Oct 7 — Bursa Malaysia ended lower today in tandem with weaker regional markets, failing to track Wall Street’s rally as elevated US Treasury yields and renewed gains in crude oil weighed on sentiment.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 21.57 points to 1,611.78 from yesterday’s close of 1,633.35.
The benchmark index opened 0.19 of a point higher at 1,633.54, marking its intraday high, and hit a low of 1,610.55 in the late afternoon session.
On the broader market, losers surpassed gainers 663 to 492, while 508 counters were unchanged, 1,127 untraded and 13 suspended.
Turnover decreased to 3.83 billion units worth RM3.52 billion, compared with 4.18 billion units worth RM2.95 billion yesterday.
Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said Brent crude oil rose above US$101 per barrel following Houthi attacks in Saudi Arabia, rekindling concerns over West Asia supply disruptions.
“Meanwhile, the US 10-year Treasury yield remained near 5.3 per cent, while the 30-year yield stayed above 5.6 per cent, keeping investors cautious over the outlook for inflation and monetary easing,” he told Bernama.
Back home, Thong said market sentiment is likely to remain cautious after the benchmark index broke below the 1,625-1,630 support levels, suggesting that near-term selling pressure has yet to fully subside.
“For the rest of the week, attention will turn to Budget 2027 on Friday, which could provide fresh domestic catalysts. However, elevated crude oil prices, geopolitical tensions in West Asia and high global bond yields are likely to keep investors defensive,” he added.
Among the heavyweights, Maybank slipped 10 sen to RM9.87, Public Bank slid eight sen to RM4.59, CIMB gave up 37 sen to RM7.33, Tenaga Nasional shed four sen to RM12.86, and IHH Healthcare eased one sen to RM7.90.
In active trade, Top Glove fell two sen to 85.5 sen, Zetrix AI declined one sen to eight sen, V.S Industry edged down half a sen to 32.5 sen, and Supermax Corporation erased 1.5 sen to 44.5 sen, while Metronic Global was flat at half a sen.
Among the top gainers, Mi Technovation jumped 38 sen to RM6.38, Batu Kawan climbed 32 sen to RM19.60, Malaysian Pacific Industries increased 24 sen to RM45.20, Petronas Dagangan rose 20 sen to RM19.32, and Gas Malaysia improved 16 sen to RM5.25.
Top losers were led by Nestle, which declined RM2.24 to RM89.02, Fraser & Neave lost 94 sen to RM20.78, Hong Leong Bank trimmed 58 sen to RM21.50, while Hong Leong Financial Group and Allianz Malaysia shaved off 44 sen each to RM17.90 and RM20.18, respectively.
On the index board, the FBM Mid 70 Index put on 19.38 points to 17,753.49, the FBM Emas Index slipped 107.92 points to 12,124.95, the FBM Top 100 Index slumped 113.80 points to 11,901.98, the FBM Emas Shariah Index decreased 11.83 points to 12,147.15, and the FBM ACE Index slid 36.54 points to 5,622.38.
Sector-wise, the Industrial Products and Services Index edged down 0.53 of a point to 179.88, the Financial Services Index tumbled 504.68 points to 18,563.32, the Energy Index shed 1.75 points to 838.97, and the Plantation Index dropped 66.13 points to 8,976.04.
The Main Market volume slid to 2.40 billion units worth RM3.15 billion from 2.59 billion units worth RM2.50 billion yesterday.
Warrants turnover expanded to 939.82 million units worth RM143.09 million from 932.44 million units worth RM171.80 million yesterday.
The ACE Market volume declined to 489.99 million units valued at RM227.12 million from 653.91 million units valued at RM276.54 million previously.
Meanwhile, consumer products and services counters accounted for 210.37 million shares traded on the Main Market, industrial products and services (403.51 million), construction (113 million), technology (623.99 million), financial services (115.48 million), property (109.65 million), plantation (24 million), real estate investment trusts (15.74 million), closed-end fund (185,800), energy (125.88 million), healthcare (558.96 million), telecommunications and media (21.54 million), transportation and logistics (40.30 million), utilities (38.78 million), and business trusts (146,600). — Bernama
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