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Profit-taking in index heavyweights pulls Bursa Malaysia lower

by focusmalaysia
October 17, 2026
in News
Reading Time: 1 min read
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BURSA Malaysia closed lower on Friday as buying interest shifted from index heavyweights to smaller-cap technology and telecommunications stocks as well as real estate investment trusts (REITs).

At 5 pm, the FBM KLCI eased 15.94 points, or 0.98 per cent, to 1,607.76 from Thursday’s close of 1,623.70.

The benchmark index, which opened1.13points higherat 1,624.83, moved between 1,602.98and 1,626.34throughout the session.

On the broader market, gainers outnumbered decliners597to 470, while 518counters were unchanged, 1,258untraded and 33suspended.

Turnover rose 3.13 bil units worth RM3.27 bil from 3.06 bil units worth RM3.03 bil on Thursday.—Oct 16, 2026

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