Bursa Malaysia ends lower as profit-taking hits telecoms and industrials
Bursa Malaysia retreated on Wednesday, with the FTSE Bursa Malaysia KLCI (FBM KLCI) sliding 11.02 points, or 0.63%, to 1,737.15 as investors locked in gains after the index’s recent rebound.
Source: Malaysia-China Insight · August 6, 2026 at 9:18 PM · AI-assisted report
Single-sourceKUALA LUMPUR, 7 AUGUST 2026 —
Bursa Malaysia retreated on Wednesday, with the FTSE Bursa Malaysia KLCI (FBM KLCI) sliding 11.02 points, or 0.63%, to 1,737.15 as investors locked in gains after the index’s recent rebound.
Market Impact
The broader FBM KLCI opened at an intraday high of 1,749.65 and slipped to a low of 1,733.38 in afternoon trade, according to exchange data.
Turnover fell to 3.24 billion shares worth RM2.90 billion from 3.89 billion shares valued at RM3.80 billion the prior session, as decliners edged out advancers 575 to 567. A total of 573 counters were unchanged, 1,028 untraded and 13 suspended.
IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan attributed the retreat to regional profit-taking after technology-led gains faded and semiconductor and artificial intelligence stocks paused. He noted that Asian equities slipped as the previous session’s rebound lost momentum.
“Despite improving geopolitical sentiment and softer crude oil prices easing inflation concerns, investors turned cautious ahead of Friday’s US non-farm payrolls report,” he said. He added that weaker-than-expected US private sector hiring reinforced expectations of a moderating labour market.
Among heavyweights, Maybank declined two sen to RM10.80, Public Bank and CIMB Group each fell four sen to RM5.23 and RM7.97, Tenaga Nasional shed 18 sen to RM14.48, and IHH Healthcare added one sen to RM8.33.
On the active list, Malaysian Resources Corp rose three sen to 34 sen, Zetrix AI climbed two sen to 71 sen, and JCY International gained six sen to 47 sen, while Steel Hawk lost four sen to 14 sen and Tanco was flat at 25.5 sen.
Gainers were led by Malaysian Pacific Industries, which jumped 72 sen to RM47.66, UWC leapt 31 sen to RM6.79, IJM Corp rose 17 sen to RM2.66, and Theta Edge surged 16 sen to 71 sen.
The biggest losers included Nestle, which dipped RM1.20 to RM101.30, Hong Leong Industries fell 34 sen to RM17.68, Press Metal Aluminium lost 32 sen to RM7.99, Petronas Gas slid 26 sen to RM17.18, and United Plantations sank 20 sen to RM34.20.
By index, the FBM Emas dropped 46.49 points to 12,856.02, the FBM Top 100 fell 51.66 points to 12,685.28, the FBM Emas Shariah declined 41.09 points to 12,691.54, and the FBM ACE eased 1.51 points to 5,037.75, while the FBM Mid 70 rose 48.10 points to 18,326.06.
Sector moves included a 49.32-point fall in the Financial Services Index to 20,519.85, a 46.15-point drop in the Plantation Index to 9,464.55, a 1.82-point slip in the Energy Index to 762.41, and a 2.46-point decline in the Industrial Products and Services Index to 187.78.
Main Market turnover fell to 1.60 billion shares worth RM2.58 billion from 1.92 billion shares valued at RM3.40 billion the previous day. Warrants turnover narrowed to 1.13 billion units worth RM146.50 million from 1.29 billion units worth RM174.29 million, and ACE Market volume dropped to 498.42 million units valued at RM175.55 million from 658.35 million units worth RM224.84 million.
Sectoral turnover on the Main Market showed technology leading with RM372.09 million in trades, followed by industrial products and services (RM314.03 million), property (RM273.33 million), and financial services (RM58.49 million).
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