Bursa Malaysia’s key index ends below 1,600 support level, banking stocks weigh

BURSA Malaysia’s benchmark index extended its decline to close below the 1,600 support level as persistent foreign selling weighed on banking heavyweights, said an analyst.

At 5 pm, the FBM KLCI trimmed 12.01 points, or 0.74 per cent, to 1,595.75 from Friday’s close of 1,607.76.

The benchmark index, which opened 3.58 points lower at 1,604.18, moved between 1,593.37 and 1,604.65 throughout the trading session.

On the broader market, decliners outnumbered gainers 741 to 322, while 482 counters were unchanged, 1,299 untraded and 35 suspended.—Oct 19, 2026

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