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Bursa Malaysia snaps four-day winning streak on profit taking

by focusmalaysia
October 16, 2026
in News
Reading Time: 1 min read
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BURSA Malaysia’s key index retreated four days of gains to close lower on Thursday, following profit-taking in selected heavyweight stocks and tracking regional and Wall Street losses.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 4.02 points, or 0.24%, to 1,623.70 from Wednesday’s close of 1,627.72.

The benchmark index, which opened 2.62 points lower at 1,625.10, moved between 1,617.14 and 1,625.61 throughout the session.

On the broader market, decliners outnumbered gainers 852 to 294, while 485 counters were unchanged, 1,212 untraded and 9 suspended.

Turnover declined to 3.06 billion units worth RM3.03 bil from 3.25 billion units worth RM3.03 bil on Wednesday.‒Oct 15, 2026

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