Malaysian Pacific Industries Bhd (MPI) endured a volatile week on Bursa Malaysia, repeatedly featuring among the biggest decliners and suffering a combined RM3.80 drop across the week, while Nestlé (M) Bhd remained a consistent presence among the top gainers despite a late-week pullback.
Here is how Bursa Malaysia’s biggest daily gainers and losers shaped up from Aug 17 to 21.
Aug 17: Carlsberg rallies as MPI leads losers
Carlsberg Brewery Malaysia Bhd led the gainers, surging 44 sen to RM14.90, followed by UMS Integration Ltd, which climbed 42 sen to RM8.88.
Nestlé added 30 sen to RM103, while Hong Leong Bank Bhd gained 24 sen to RM22.74 and PPB Group Bhd rose 20 sen to RM9.60.
At the other end, MPI was Bursa’s biggest decliner, falling 50 sen to RM47.
Kuala Lumpur Kepong Bhd shed 24 sen to RM21.56, Petronas Gas Bhd declined 20 sen to RM17.22, Kelington Group Bhd dropped 16 sen to RM8.54 and AMMB Holdings Bhd lost 15 sen to RM7.20.
Market breadth remained negative, with 625 losers against 559 gainers.
Aug 18: MPI flips from loser to top gainer
MPI staged a sharp reversal, jumping RM1.02 to RM48.02 to lead Bursa’s gainers after topping the losers list on Monday.
Nestlé continued its advance, rising 70 sen to RM103.70, while MI Technovation Bhd climbed 56 sen to RM6.45.
Kelington Group gained 46 sen and Petronas Gas added 22 sen.
However, Carlsberg, Monday’s biggest gainer, fell 40 sen to RM14.50 to lead the decliners.
United Plantations Bhd also lost 40 sen, while Heineken Malaysia Bhd dropped 28 sen. Ayer Holdings Bhd and DKLS Industries Bhd declined 25 sen and 20 sen respectively.
Selling pressure intensified, with 762 losers against just 438 gainers.
Aug 19: MPI plunges as Batu Kawan and Dutch Lady gain
MPI suffered its sharpest fall of the week, plunging RM1.92 to RM46.10 to again lead Bursa’s losers.
United Plantations fell 60 sen to RM32, while Heineken Malaysia lost 22 sen. MI Technovation declined 20 sen and Johor Plantations Group Bhd slipped 17 sen.
On the upside, Batu Kawan Bhd and Dutch Lady Milk Industries Bhd jointly led the gainers, each rising 44 sen to RM21 and RM31.94 respectively.
Nestlé added another 30 sen to RM104, while Ayer Holdings and Malayan Cement Bhd each gained 25 sen.
The broader market remained weak, with 701 decliners against 478 gainers.
Aug 20: Nestlé leads again as MPI extends slide
Nestlé continued its impressive run, topping the gainers after climbing 80 sen to RM104.80.
YTL Power International Bhd gained 28 sen to RM5.16, while YTL Corporation Bhd advanced 21 sen to RM2.43.
MN Holdings Bhd added 25 sen and PPB Group gained 22 sen.
MPI, however, remained under pressure, falling another 80 sen to RM45.30.
Hong Leong Industries Bhd declined 38 sen, Petronas Chemicals Group Bhd lost 32 sen, Dutch Lady fell 26 sen and Ayer Holdings dropped 20 sen.
Market breadth was again negative, with 610 losers versus 577 gainers, although turnover surged to 4.28 billion units worth RM4.01 billion.
Aug 21: MPI suffers another heavy blow as PPB leads gainers
MPI ended the week on another sour note, plunging RM2.10 to RM43.20 to once again top Bursa’s losers.
Nestlé, which had dominated the gainers earlier in the week, also slipped RM1 to RM103.80.
Kelington Group fell 39 sen, Telekom Malaysia Bhd lost 33 sen and Sunway Construction Group Bhd eased 25 sen.
PPB Group Bhd led the gainers, rising 38 sen to RM10.28.
Fraser & Neave Holdings Bhd gained 30 sen, Sarawak Oil Palms Bhd added 29 sen, United Plantations rose 28 sen and YTL Power climbed 24 sen.
The market remained weak, with 637 losers against 578 gainers.
MPI’s bruising week, Nestlé’s steady climb
The week’s biggest story was arguably MPI’s sharp reversal. After beginning Monday as the biggest decliner, it rebounded strongly on Tuesday before suffering increasingly heavy losses from Wednesday through Friday.
MPI ended Friday at RM43.20, down RM3.80 from Monday’s RM47.
Nestlé provided the opposite narrative. The stock gained on Monday, Tuesday, Wednesday and Thursday, rising from RM102.70 to RM104.80 before Friday’s RM1 decline left it at RM103.80.
The week also showed repeated rotations across sectors, with consumer, technology, plantation, utilities and industrial counters taking turns at the top of Bursa’s daily leaderboard.
