KUALA LUMPUR, June 5 — Bursa Malaysia closed higher, with the benchmark index rising 0.60 per cent as bargain-hunting persisted following the recent sell-off, despite weaker performances across regional markets.

At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) gained 10.17 points to 1,693.43 from Thursday’s close of 1,683.26.

The benchmark index opened 3.19 points higher at 1,686.45 and traded between 1,684.36 and 1,698.53 during the trading session.

However, broader market sentiment remained negative, with losers outnumbering gainers 666 to 477. A total of 574 counters were unchanged, 958 untraded and 12 suspended.

Turnover fell to 3.41 billion units worth RM3.04 billion from 3.47 billion units worth RM3.58 billion on Thursday.

Regionally, Hong Kong’s Hang Seng Index fell 1.45 per cent to 24,961.95, Singapore’s Straits Times Index slipped 0.40 per cent to 5,047.28, Japan’s Nikkei 225 declined 1.31 per cent to 66,588.12, and South Korea’s KOSPI Composite Index tumbled 5.54 per cent to 8,160.59.

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said key regional indices closed lower as profit-taking in technology stocks persisted.

“Market attention is now focused on the upcoming US nonfarm payrolls data for May, due later today, as investors seek further clues on the health of the world’s largest economy. Meanwhile, a slew of economic data from China next week is expected to influence regional sentiment,” he told Bernama.

Among heavyweights, Maybank rose 20 sen to RM10.80, Public Bank added nine sen to RM4.87, Tenaga Nasional and CIMB gained four sen each to RM14.14 and RM7.39, respectively, while IHH Healthcare advanced six sen to RM8.85.

Among active stocks, Hap Seng, Zetrix and GIIB were unchanged at one sen, 82.5 sen and 47 sen, respectively. CBH Engineering gained six sen to 68 sen, while Pharmaniaga fell 1.5 sen to 27.5 sen.

Among the top gainers, United Plantations surged 90 sen to RM32.20, Concrete Engineering climbed 69 sen to RM3.34, Petronas Dagangan gained 46 sen to RM19.24, Hong Leong Bank advanced 34 sen to RM21.32, and Dutch Lady rose 28 sen to RM33.00.

Among the top losers, Nestle trimmed 84 sen to RM94.28, Malaysian Pacific Industries shed 64 sen to RM46.80, UMS Integration lost 23 sen to RM8.00, Kelington declined 25 sen to RM7.65, and Fraser & Neave dropped 48 sen to RM26.40.

On the index board, the FBM Emas Index rose 40.54 points to 12,602.06, the FBM Top 100 Index increased 43.97 points to 12,441.90, while the FBM Emas Shariah Index shed 2.50 points to 12,570.15.

The FBM Mid 70 Index declined 66.35 points to 18,299.60, while the FBM ACE Index added 9.30 points to 4,733.24.

By sector, the Financial Services Index jumped 238.82 points to 19,784.31, the Energy Index climbed 3.82 points to 796.20, the Industrial Products and Services Index inched up 0.31 of-a-point to 198.74, while the Plantation Index fell 27.41 points to 8,671.54.

Main Market volume narrowed to 1.78 billion units valued at RM2.67 billion from 2.11 billion units valued at RM3.29 billion on Thursday.

Warrants turnover rose to 1.07 billion units valued at RM158.92 million from 933.20 million units valued at RM131.84 million previously.

ACE Market volume increased to 557.48 million units valued at RM208.90 million from 428.13 million units valued at RM162.39 million yesterday.

Consumer products and services counters accounted for 236.51 million shares traded on the Main Market, followed by industrial products and services (306.21 million), construction (138.56 million), technology (481.77 million), financial services (77.83 million), property (174.38 million), plantation (41.74 million), real estate investment trusts (11.70 million), closed-end funds (12,300), energy (82.91 million), healthcare (111.00 million), telecommunications and media (43.88 million), transportation and logistics (28.68 million), utilities (47.09 million), and business trusts (26,200). — Bernama

KUALA LUMPUR, June 10 — Bursa Malaysia edged up 0.04 per cent at the opening on Wednesday amid cautious global market sentiment, despite easing crude oil prices and the absence of local catalysts.

At 9.10 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) perked up 0.68 of a point to 1,676.18 from yesterday’s close of 1,675.50.

The index opened 0.55 of a point higher at 1,676.05.

Losers led gainers in the broader market, by 234 to 129, while 299 counters were unchanged, 2,028 untraded, and 14 suspended.

Turnover stood at 261.0 million shares worth RM115.8 million.

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said market sentiment remains cautious despite the easing crude oil prices, with Brent crude dipping to around the US$91 per barrel.

“We noticed that the broad market is rather well supported at current levels, though the index remained stuck in a correction phase.

“Thus, in the absence of any clear catalysts, we expect the index to oscillate within a narrow range of between 1,670 and 1,680 today,” he added.

Among heavyweights, Maybank gained two sen to RM10.64, Public Bank advanced four sen to RM4.81, Tenaga Nasional improved six sen to RM14.20, but CIMB declined two sen to RM7.35. 

Among the active stocks, Hong Seng Consolidated was flat at 1.5 sen, Tanco was down 7.5 sen to 72.5 sen, Land and General and VS Holdings both lost half-a-sen to 16 sen and 19.5 sen, respectively, while Capital A fell one sen to 40.5 sen.

As for the top gainers, Concrete Engineering was 20 sen higher at RM5.10, Ajinomoto added 12 sen to RM15.60, Itmax and IOI Corporation were five sen higher at RM4.83 and RM4.27, respectively, while KPJ Healthcare and Sarawak Oil Palms were four sen better at RM3.20 and RM4.69, respectively.   

Among the top losers, Nestle was 28 sen lower at RM94.16, MN Holdings warrant was 15 sen lower at RM2.29, Unisem improved 12 sen to RM4.71, Chin Teck erased 10 sen to RM10.80, and Malayan Cement dipped nine sen to RM6.80.

On the index board, the FBM Emas Index fell 1.41 points to 12,450.55, while the FBM Top 100 Index eased 2.33 points to 12,289.66, and the FBM Emas Shariah Index edged down 8.34 points to 12,427.04.

The FBM Mid 70 Index gave up 34.77 points to 17,966.99, and the FBM ACE Index was down 19.31 points to 4,708.37.

By sector, the Financial Services Index accumulated 29.59 points to 19,526.47, while the Industrial Products and Services Index eased 0.55 of a point to 196.13, the Energy Index slid 4.72 points to 782.91, and the Plantation Index trimmed 29.76 points to 8,772.20. — Bernama

KUALA LUMPUR, June 9 — Bursa Malaysia opened slightly lower today with the key index slipping 0.06 per cent even as investors continued to participate in the broader market despite lingering concerns over the West Asia conflict.

At 9.07 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) erased 1.15 points to 1,678.37 from Monday’s close of 1,679.52.

The index opened 8.41 points higher at 1,687.93.

Market breadth was positive, as gainers led losers 202 to 133, while 266 counters were unchanged, 2,074 untraded, and 13 suspended.

Turnover stood at 347.09 million shares worth RM100.95 million.

In a research note, Malacca Securities said it expects Wall Street to stage a rebound with US President Donald Trump’s demand for a ceasefire in the West Asia conflict.

“A rebound on Wall Street may spill over to the local bourse today. Meanwhile, with the ringgit weakening towards the 4.07 level against the US dollar, we expect buying interest to be sustained in export-oriented sectors such as gloves. Top Glove and Hartalega are pending breakouts,” it said.

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said Monday’s event may have turned on the risk-off button. Hence, expect a consolidation to emerge. The index may trend between the 1,675-1,690 range today.

Among heavyweights, Maybank erased six sen to RM10.64, Public Bank added two sen to RM4.80, Tenaga advanced four sen to RM14.24, CIMB Group was four sen lower at RM7.35, and IHH Healthcare removed seven sen to RM8.53.

Among the active stocks, Hong Seng Consolidated gained half-a-sen to 1.5 sen, Tanco lost 19 sen to 93 sen, TFP Solutions improved 1.5 sen to seven sen, GIIB and Land and General were both flat at 46 sen and 16 sen, respectively.

As for the top gainers, Nestle was RM1.3 higher at RM93.0, Malaysian Pacific Industries improved 60 sen to RM46.10, Petronas Dagangan and Vitrox added 16 sen each to RM18.76 and RM6.90, respectively. 

Among the top losers, United Plantations was 26 sen lower at RM31.74, FACB Industries was 19 sen lower at RM1.66, Hong Leong Bank was eight sen lower at RM20.88, and IHH Healthcare slipped seven sen to RM8.53.

On the index board, the FBM Emas Index fell 2.84 points to 12,467.24, while the FBM Top 100 Index eased 9.06 points to 12,306.43, and the FBM Emas Shariah Index edged up 8.29 points to 12,451.33.

The FBM Mid 70 Index gave up 16.02 points to 17,994.37, and the FBM ACE Index edged up 29.99 points to 4,678.37.

By sector, the Financial Services Index shrank 28.77 points to 19,531.71, while the Industrial Products and Services Index eased 0.08 of a point to 196.93, the Energy Index slid 3.92 points to 787.02, and the Plantation Index trimmed 22.27 points to 8,703.13. — Bernama

KUALA LUMPUR, June 18 — Bursa Malaysia’s key index finished marginally higher, supported by strong buying interest in consumer-related counters, amid mixed performance across regional markets.

At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose by 1.40 points, or 0.08 per cent, to 1,711.39 from Tuesday’s close of 1,709.99.

The key index opened 12.36 points firmer at 1,722.35 and moved between 1,711.31 and 1,722.63 throughout the session.

Market breadth was negative, with losers leading gainers 678 to 493, while 549 counters were unchanged, 1,016 untraded and 34 suspended.

Turnover increased to 4.50 billion units worth RM3.45 billion from 3.93 billion units worth RM3.45 billion on Tuesday.

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said bargain hunting continued to emerge in selected blue-chip counters, particularly those with resilient earnings prospects and attractive valuations.

Nevertheless, he said investors are likely to remain selective as the peace agreement has yet to be formally finalised, while uncertainties surrounding the global economic outlook and foreign fund flows remain key considerations.

“Overall, we maintain a cautiously optimistic stance on the local market, with the FBM KLCI expected to trade within the 1,700-1,720 range towards the weekend,” he told Bernama.

IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan said today’s positive performance was supported by improving global risk sentiment after United States President Donald Trump signed a preliminary agreement aimed at ending the conflict in West Asia.

He said the development fuelled optimism that tensions between the US and Iran could ease further, helping restore confidence across regional equity markets.

“Looking ahead, investors will continue to monitor developments surrounding the West Asia peace process, movements in crude oil prices, and upcoming global economic data releases for further direction.

“Sustained easing in geopolitical risks could provide additional support for risk assets, particularly sectors that benefit from lower energy and transportation costs,” he added.

Among heavyweights, Press Metal rose 32 sen to RM8.52, 99 Speed Mart added 17 sen to RM3.57, MRDIY gained seven sen to RM1.68, while Maybank was flat at RM11.16 and Public Bank fell five sen to RM5.00.

Among the active stocks, Tanco and Hong Seng were down half a sen to 14.5 sen and one sen, respectively. Zetrix AI shed three sen to 77 sen, while ACE Market debutant Sum Technology soared 24.5 sen to 52.5 sen, and Borneo Oil was flat at half a sen.

Of the top gainers, Hong Leong Industries garnered 66 sen to RM19.14, Petronas Dagangan rose 36 sen to RM18.64, Dutch Lady climbed 24 sen to RM32.50, and Hong Leong Bank was 18 sen firmer at RM22.18.

Among the top losers, Nestle slipped RM1.66 to RM95.14, Malaysian Pacific Industries dipped 74 sen to RM48.56, Paragon tumbled 58 sen to RM1.71, and Concrete Engineering decreased 45 sen to RM3.71.

On the index board, the FBM Emas Index perked up 1.08 points to 12,663.26, the FBM Top 100 Index put on 4.22 points to 12,503.61, and the FBM Emas Shariah Index climbed 14.97 points to 12,489.71.

The FBM Mid 70 Index declined 19.76 points to 18,090.80 and the FBM ACE Index slid 16.72 points to 4,760.27.

By sector, the Financial Services Index eased 7.11 points to 20,277.14, the Energy Index edged down 2.21 points to 762.42, and the Plantation Index fell by 11.92 points to 8,767.45, while the Industrial Products and Services Index rose 2.14 points to 190.71.

The Main Market volume improved to 2.62 billion units valued at RM3.04 billion from 2.05 billion units valued at RM3.05 billion on Tuesday.

Warrants turnover dwindled to 986.61 million units valued at RM131.42 million from 1.11 billion units valued at RM146.79 million previously.

The ACE Market volume expanded to 895.14 million units worth RM283.17 million from 766.52 million units worth RM254.78 million on Tuesday.

Consumer products and services counters accounted for 310.0 million shares traded on the Main Market, industrial products and services (554.06 million), construction (110.07 million), technology (526.46 million), financial services (87.91 million), property (536.89 million), plantation (25.51 million), real estate investment trusts (26.10 million), closed-end fund (21,100), energy (118.87 million), healthcare (197.99 million), telecommunications and media (46.79 million), transportation and logistics (37.68 million), utilities (43.54 million), and business trusts (21,600). — Bernama

KUALA LUMPUR, June 5 — Bursa Malaysia ended on a firmer note today, outperforming a broadly weaker regional market, as local sentiment was supported by bargain hunting in oversold blue-chip stocks following the benchmark index’s recent slide.

IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan said Bursa Malaysia’s rebound from yesterday’s losses came despite a cautious regional backdrop, with most Asian markets mirroring Wall Street’s overnight decline, amid concerns that persistent inflation could limit the scope for near-term US Federal Reserve rate cuts.

At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 10.52 points, or 0.62 per cent, to 1,683.26 from Wednesday’s close of 1,672.74.

The index, which opened 1.75 points higher at 1,674.49, moved between 1,673.70 and 1,689.83 throughout the day.

Despite gains in the key index, market breadth remained negative, with losers outnumbering gainers 678 to 525, while 531 counters were unchanged, 924 untraded, and 12 suspended.

Turnover trimmed to 3.47 billion units valued at RM3.58 billion compared with 3.85 billion units valued at RM4.69 billion on Wednesday.

Regionally, Hong Kong’s Hang Seng Index fell by 1.48 per cent to 25,253.40, Singapore’s Straits Times Index went down 1.38 per cent to 5,067.53, Japan’s Nikkei 225 dipped 1.36 per cent to 67,470.69, and South Korea’s KOSPI Composite Index tumbled 1.84 per cent to 8,639.41.

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said hopes for progress in US-Iran negotiations faded after reports emerged that Tehran had suspended indirect discussions with Washington.

“Back home, sentiment remains fragile as foreign investors continue to trim their positions while global uncertainties linger.

“While bargain hunting may continue to provide some support to the market, investors are likely to remain selective amid concerns over geopolitical developments, the global interest rate outlook, and the direction of foreign fund flows,” he told Bernama.

Among heavyweights, Maybank jumped 18 sen to RM10.60, Public Bank increased four sen to RM4.78, Tenaga Nasional gained two sen to RM14.10, CIMB firmed 15 sen to RM7.35, and IHH added three sen to RM8.79.

Of the active stocks, Pharmaniaga bagged 3.5 sen to 29 sen, SKP Resources perked up 2.5 sen to 37.5 sen, while VS Industry and Velesto were half a sen lower at 21.5 sen and 30 sen, respectively, and Zetrix was flat at 82.5 sen.

As for the top gainers, Nestle rose RM1.60 to RM95.12, United Plantations put on RM1.18 to RM31.30, KL Kepong advanced 70 sen to RM20.20, Batu Kawan climbed 56 sen to RM20.16, and SD Guthrie garnered 20 sen to RM6.04.

Among the top losers, Malaysian Pacific Industries dropped RM1.46 to RM47.44, Fraser & Neave fell 78 sen to RM26.88, Press Metal slid 28 sen to RM9.00, while UWC and Pentamaster lost 26 sen each to RM5.61 and RM4.25, respectively. — Bernama