The FTSE Bursa Malaysia KLCI index ended a seven-day losing streak on May 22, 2026, rising 0.25% to close at 1712.67 points after several days of declines earlier that week [1]. From May 18 to May 21, the index fell each day, dropping 0.72% to 1727.71 points on May 18 and closing at its daily low [2, 3]. It dipped slightly by 0.03% on May 19 to 1727.27 points [4], then fell 0.55%, or 9.58 points, to 1717.69 on May 20 [5]. On May 21, it declined 0.54% to 1708.36 points, marking its seventh consecutive day of losses [6].
Trading activity was robust on May 18, with a turnover of 3.53 billion shares valued at 2.84 billion MYR. That day, 417 stocks gained, 844 declined, and 513 remained unchanged [3]. Only two sectors showed gains on May 18: healthcare rose 0.5% and plantation climbed 0.3% [3]. Eleven sectors retreated that day, led by consumer (-1.6%), construction (-1.5%), real estate investment trusts (-1.1%), and telecom/media (-1%) [3].
The debut of Johor-based Goldli Development on the ACE Market on May 18 drew attention. Its shares closed at 10.5 sen, a 19.2% discount from its IPO price of 13 sen. Goldli was the ninth most active stock by volume that day, trading 44.18 million shares [3].
The KLCI’s rise on May 22 ended a week marked by uneven sector performance and overall market declines. The next scheduled update on the market trend will be closely watched.
