Bursa Malaysia ends flat as investors await earnings for direction
KUALA LUMPUR, Aug 24 — Bursa Malaysia ended marginally lower today as investors awaited further corporate earnings...
Bursa Malaysia closed at 1,736.33 points on Monday, showing minimal change as investors awaited further corporate earnings reports for a clearer market direction, according to an analyst. The FTSE Bursa Malaysia KLCI eased 0.15 points to 1,736.33 from its previous close of 1,736.48. Thong Pak Leng, Rakuten Trade Sdn Bhd's vice-president of equity research, stated that the index continues to trade above 1,730, indicating that support remains intact despite cautious market sentiment.
Leng believes that strong earnings from index heavyweights could trigger a bullish move, while resilient domestic fundamentals should help cushion any downside. He expects the FBM KLCI to fluctuate between 1,725 and 1,745 in the coming week. Sedek Jantan, IPPFA Sdn Bhd's director of investment strategy and country economist, added that trading sentiment is further subdued due to Malaysia's upcoming public holiday tomorrow, Aug 25, 2026, contributing to a more cautious and less aggressive trading environment.
Investors are now focusing on the Jackson Hole symposium, where US policymakers' interest-rate outlook will be closely monitored. Among the top gainers were Petronas Dagangan, MISC, Sarawak Plantation, and Kuala Lumpur Kepong, while the top losers were Malaysian Pacific Industries, Allianz Malaysia, UMS Integration, Kelington Group, and UWC.
The benchmark index opened higher at 1,738.31, fluctuating between 1,733.07 and 1,739.47 throughout the day. Turnover decreased to 3.60 billion units valued at RM3.03 billion from the previous day's 3.91 billion units valued at RM3.32 billion.
Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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- Bursa ends little changed as investors eye earnings freemalaysiatoday.com