KUALA LUMPUR, May 22 — Bursa Malaysia ended higher on Friday as bargain hunting resurfaced following several weak trading sessions.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.31 points, or 0.25 per cent, to 1,712.67, from yesterday’s close of 1,708.36.
The benchmark index, which opened 3.35 points higher at 1,711.71, moved in a narrow range between 1,710.30 and 1,715.71 throughout the session.
Market breadth was positive, with gainers outpacing losers 629 to 539, while 540 counters were unchanged, 1,010 untraded and 64 suspended.
Turnover rose to 3.68 billion units worth RM3.58 billion compared with 3.49 billion units worth RM3.70 billion on Thursday.
Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said support for the FBM KLCI remained firm above 1,710, but investors continue to adopt a cautious stance in the near term as market volatility is likely to weigh on sentiment.
“Having said that, easing concerns in West Asia and a modest decline in Brent crude prices have improved sentiment slightly,” he told Bernama.
Globally, he said major regional indices trended higher on strong performance in technology stocks, while investors remained focused on US-Iran negotiations that may help ease tensions in West Asia and stabilise oil supply flows through the Strait of Hormuz.
Among heavyweights, IHH Healthcare added four sen to RM8.96, Maybank and Tenaga Nasional eased four sen each to RM11.00 and RM14.42, respectively, while Public Bank and CIMB were flat at RM4.77 and RM7.75, respectively.
On the most active list, SkyeChip jumped 37 sen to RM2.70, EI Power rose 7.5 sen to 62.5 sen, Tanco put on two sen to RM1.72, Zetrix AI slid 2.5 sen to 79.5 sen, while GIIB was flat at 39.5 sen.
Among top gainers, Malaysian Pacific Industries advanced RM2.30 to RM48.50, Hong Leong Industries gained 84 sen to RM18.74, Vitrox Corporation jumped 44 sen to RM6.92, MI Technovation soared 38 sen to RM4.20, and BM Greentech garnered 33 sen to RM1.44.
As for top losers, Petronas Dagangan lost 96 sen to RM17.84, Nestle gave up 40 sen to RM95.60, Petron Malaysia Refining & Marketing fell 26 sen to RM4.10, Ta Ann shed 23 sen to RM5.38, and Hong Leong Bank slipped 20 sen to RM22.00.
On the index board, the FBM Emas Index gained 36.35 points to 12,706.23, the FBMT 100 Index rose 35.28 points to 12,546.76, the FBM Mid 70 Index climbed 67.48 points to 18,298.30, the FBM Emas Shariah Index increased 75.59 points to 12,644.17, and the FBM ACE Index added 47.73 points to 4,725.97.
Sector-wise, the Plantation Index perked up 26.87 points to 8,584.27, the Industrial Products and Services Index went up 3.21 points to 200.63, the Energy Index put on 15.64 points to 792.55, and the Financial Services Index fell 25.87 points to 19,997.10.
The Main Market volume edged up to 1.85 billion units valued at RM3.27 billion from 1.84 billion units valued at RM3.31 billion on Thursday.
Warrants turnover slipped to 876.85 million units worth RM112.65 million from 964.66 million units worth RM118.14 million yesterday.
The ACE Market volume expanded to 952.73 million units valued at RM189.17 million from 679.66 million units valued at RM271.62 million previously.
Consumer products and services counters accounted for 216.01 million shares traded on the Main Market, industrial products and services (344.37 million), construction (120.04 million), technology (481.98 million), financial services (65.61 million), property (177.44 million), plantation (42.37 million), real estate investment trusts (15.67 million), closed-end fund (78,700), energy (153.0 million), healthcare (106.34 million), telecommunications and media (61.91 million), transportation and logistics (31.17 million), utilities (36.65 million), and business trusts (nil). — Bernama
Date: 22 May, 2026 7:00 pm
Source: Malay Mail
💬 Join the Conversation! 💬
We’ve disabled comments on our posts and pages to keep the discussions organized and lively! But don’t worry – the conversation isn’t over. Head over to our forum and share your thoughts, ideas, and feedback with the community! It’s the perfect place to connect, learn, and engage with others who care about the same things. We can’t wait to hear from you!