Why Did the FBM KLCI Rise 4.44 Points on 30 October?
The index ended 4.44 points higher from yesterday’s close of 1,611.16. It opened 0.70 of a point higher at 1,611.86.
Intraday, the FBM KLCI moved between 1,606.72 and 1,620.76 before settling at its close.
Why Did Losers Outnumber Gainers 648 to 430?
The broader market was negative despite the index gain. Losers outpaced gainers 648 to 430, while 501 counters were unchanged, 1,201 untraded and 66 suspended.
Turnover rose to 3.15 billion units worth RM2.68 billion, up from 2.95 billion units worth RM2.43 billion.
What Did Rakuten Trade Say About Regional and Oil Risks?
Thong Pak Leng, vice-president of equity research at Rakuten Trade Sdn Bhd, said regional markets were mixed. Japan and South Korea declined on renewed concerns over artificial intelligence (AI)-related investments, while Hong Kong rebounded on bargain hunting in selected technology counters.
Brent crude climbed above US$116 per barrel on renewed supply disruptions in West Asia, sustaining inflationary risks. Thong told Bernama that investors continue to assess corporate earnings, elevated crude oil prices and external uncertainties.
How Did Maybank, Public Bank and CIMB Perform?
Maybank, Public Bank and CIMB each climbed two sen to RM10.02, RM4.75 and RM6.91. A two-sen gain on Maybank’s RM10.02 share price works out to about 0.2 per cent.
Tenaga Nasional and IHH Healthcare were flat at RM13.30 and RM7.85.
Why Did Hong Leong Bank Lose Ground in the Financial Services Rally?
The Financial Services Index rose 10.05 points to 18,547.99. Hong Leong Bank still erased 26 sen to RM21.14 and appeared among the top losers.
Hong Leong Bank is worth monitoring alongside its peers, since the sector index rose while the stock fell.
Which Plantation and Energy Stocks Led the Gains?
The Plantation Index jumped 60.52 points to 8,697.42, while the Energy Index improved 7.80 points to 852.16. Kuala Lumpur Kepong topped the gainers, rising 44 sen to RM20.96.
- United Plantations: up 22 sen to RM29.22
- Petronas Dagangan: up 16 sen to RM19.50
- Ayer Holdings: up 35 sen to RM8.10
- APM Automotive Holdings: up 25 sen to RM2.60
Who Were the Biggest Losers Among Mid and Small Caps?
Malaysian Pacific Industries fell RM1.72 to RM39.78, the steepest drop among the top losers. Mega Fortris sank 52 sen to RM2.22, while UWC declined 49 sen to RM7.15.
MI Technovation lost 33 sen to RM6.53. The FBM Mid 70 Index decreased 63.43 points to 17,420.69, and the FBM ACE Index dropped 43.25 points to 5,403.91.
Which Stocks Were Most Active on Bursa Malaysia?
Zetrix AI eased 1.5 sen to 6.5 sen, and GIIB Holdings shrank 18 sen to 36 sen. Ni Hsin slid 11 sen to 26 sen, JAKS Resources shed half a sen to 14.5 sen, and MAG was flat at 15.5 sen.
The FBM Top 100 Index increased 12.90 points to 11,863.86, and the FBM Emas Index climbed 5.84 points to 12,061.73. The FBM Emas Shariah Index slipped 1.37 points to 12,082.91.
Where Did Trading Volume Concentrate on 30 October?
The Main Market volume expanded to 1.87 billion units worth RM2.42 billion, from 1.57 billion units worth RM2.16 billion previously. The ACE Market volume slipped to 384.14 million units valued at RM143.92 million, from 408.81 million units worth RM154.11 million.
- Technology: 584.35 million shares
- Industrial products and services: 333.85 million shares
- Consumer products and services: 218.43 million shares
- Construction: 188.68 million shares
- Healthcare: 137.24 million shares
- Financial services: 94.86 million shares
- Energy: 82.58 million shares
- Property: 77.17 million shares
Warrants turnover dwindled to 893.97 million units worth RM115.16 million, against 967.96 million units worth RM122.01 million previously. Smaller segments included transportation and logistics (55.20 million), utilities (26.69 million), plantation (20.54 million) and real estate investment trusts (14.99 million).
Key Takeaways
- The FBM KLCI closed at 1,615.60, up 4.44 points or 0.28 per cent.
- Losers outpaced gainers 648 to 430, showing a narrow index-led rally.
- Maybank, Public Bank and CIMB each rose two sen to RM10.02, RM4.75 and RM6.91.
- Brent crude above US$116 per barrel keeps inflationary risks in focus, per Rakuten Trade’s Thong Pak Leng.
- Technology counters drew the highest share volume at 584.35 million shares.
Disclaimer: This article is for general information only and is not financial advice. Do your own research before making any investment decision.
Frequently Asked Questions
What did the FBM KLCI close at on 30 October?
The FBM KLCI closed at 1,615.60, up 4.44 points or 0.28 per cent from yesterday’s close of 1,611.16. The index traded between 1,606.72 and 1,620.76 during the session.
How much did Maybank, Public Bank and CIMB rise?
Maybank, Public Bank and CIMB each climbed two sen, closing at RM10.02, RM4.75 and RM6.91 respectively. Tenaga Nasional and IHH Healthcare were flat at RM13.30 and RM7.85.
Why did Brent crude prices matter for Bursa Malaysia stocks?
Brent crude climbed above US$116 per barrel on renewed supply disruptions in West Asia. Rakuten Trade’s Thong Pak Leng said this sustains inflationary risks, while investors also assess elevated crude oil prices.
How many stocks fell on Bursa Malaysia on 30 October?
Losers outpaced gainers 648 to 430 on 30 October, with 501 counters unchanged. Mega Fortris, UWC and MI Technovation were among the biggest percentage decliners in the active list.
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Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.
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