{
  "id": 721247,
  "title": "Bursa Malaysia retreats as profit-taking weighs on early gains",
  "url": "https://urgent.news/2026/08/13/bursa-malaysia-retreats-as-profit-taking-weighs-on-early-gains",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-13T02:16:57.000Z",
  "source": {
    "name": "Malay Mail",
    "slug": "malay-mail-malaymail",
    "url": "https://www.malaymail.com/news/money/2026/08/13/bursa-malaysia-retreats-as-profit-taking-weighs-on-early-gains/231162"
  },
  "original_language": "en",
  "account": "Bursa Malaysia's main index, the FBM KLCI, saw a modest retreat on Thursday morning after a strong opening, as traders took profits from the previous day's gains. Despite Wall Street's mostly higher performance, traders remained cautious due to elevated crude oil prices and uncertainty surrounding the US Federal Reserve's rate decision. The benchmark index slipped by 4.32 points to 1,737.29, down from Wednesday's close of 1,741.61. During the trading session, 172 stocks gained while 158 fell, leaving 340 unchanged, 2,128 untraded, and 15 suspended. Trading volume totaled 160.62 million shares, valued at RM99.07 million. Rakuten Trade Sdn Bhd noted that traders were concerned about elevated crude oil prices and awaited the US CPI data to be released later. While some sectors experienced gains, including Vitrox Corporation, Malaysian Pacific Industries, and Wang-Zheng, others, such as Nestle, Malaysia Smelting Corporation, and Press Metal Aluminium, posted declines. Among the major companies, Maybank and Public Bank saw small drops, while Tenaga Nasional and IHH Healthcare experienced minor declines as well.",
  "summary": "KUALA LUMPUR, Aug 13 — Bursa Malaysia opened higher on Thursday, but retreated thereafter, amid profit-taking afte...",
  "key_points": [
    "Bursa Malaysia index retreats 4.32 points to 1,737.29",
    "Traders profit-taking after strong opening on previous day",
    "Elevated crude oil prices and US rate decision uncertainty"
  ],
  "editors_take": "The retreat of Bursa Malaysia's main index reflects traders locking in profits from the previous day, amid caution over high crude oil prices and the US Federal Reserve's upcoming rate decision.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}