Bursa Malaysia Reclaims 1,600 Mark At Closing On Selective Bargain Hunting

KUALA LUMPUR, Oct 21 – Bursa Malaysia ended higher on Wednesday, October 21, 2026, as the benchmark index successfully reclaimed the psychological 1,600 level following selective bargain hunting across blue-chip and small-cap technology stocks.

At 5:00 PM, the FTSE Bursa Malaysia KLCI (FBM KLCI) gained 2.69 points, or 0.16 per cent, to close at 1,602.27 compared to Tuesday’s close of 1,599.58.

The index had opened 3.83 points higher at 1,603.41, marking its intraday high, before touching an intraday low of 1,596.69 during early session trading.

Market breadth turned positive as gainers comfortably outpaced decliners 626 to 416, while 502 counters traded unchanged, 1,317 remained untraded, and 20 were suspended. Total trading turnover narrowed to 2.76 billion units valued at RM2.58 billion, compared to Tuesday’s 2.86 billion units worth RM2.42 billion.

Heavyweight Performers, Sectoral Trends, and Market Summary

Key stock movements and index performances across sectors included:

• Heavyweight Movement: Press Metal advanced 11 sen to RM6.86 and IHH Healthcare rose three sen to RM7.94. Maybank and Public Bank closed flat at RM9.95 and RM4.73, respectively, while CIMB slipped one sen to RM7.14 and Tenaga Nasional (TNB) dropped eight sen to RM12.98.
• Top Market Gainers: Technology and plantation counters led gains, with Vitrox surging 38 sen to RM10.68, UWC jumping 34 sen to RM7.30, Hong Leong Bank adding 32 sen to RM21.52, and Kuala Lumpur Kepong (KLK) gaining 30 sen to RM20.08.
• Top Market Decliners: Consumer and logistics stocks faced selling pressure, as Nestle fell 66 sen to RM89.34, MISC dropped 11 sen to RM8.30, while PTT Synergy and Allianz Malaysia eased 10 sen each to RM1.30 and RM19.30, respectively.
• Active Counters: JAKS Resources rose three sen to 17 sen, Ni Hsin gained half a sen to 47.5 sen, ACE Market debutant NWE Resources closed flat at 20 sen, and Zetrix AI slipped half a sen to five sen.
• Sectoral & Broad Indices: The Financial Services Index gained 49.71 points to 18,608.69, the Plantation Index jumped 34.98 points to 8,620.12, and the Industrial Products and Services Index added 1.01 points to 175.39. The FBM Mid 70 Index surged 160.40 points to 17,211.60, the FBM ACE Index climbed 94.15 points to 5,380.63, and the FBM Emas Index rose 48.26 points to 11,955.86.

Main Market volume accounted for 1.47 billion units valued at RM2.29 billion, while ACE Market volume stood at 471.79 million units worth RM167.58 million.

–NMT