Bursa Malaysia ends morning session marginally lower
KUALA LUMPUR: Bursa Malaysia ended the morning trading session slightly lower today, weighed down by a lack of fresh catalysts and mirroring the trend of key regional indices.
At 12.30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 1.42 points, or 0.09 per cent, to 1,571.60 from Thursday's close of 1,573.02.
The benchmark index opened 2.58 points higher at 1,575.60 and thereafter fluctuated between 1,570.20 and 1,580.06 throughout the session.
The broader market was negative with 589 decliners outpacing 286 gainers, while 423 counters were unchanged, 1,098 untraded and eight suspended.
Turnover stood at 1.85 billion shares worth RM1.03 billion.
ActivTrades trader Anderson Alves said Asian equities underperformed today, as mixed economic data from the United States influenced market movements ahead of monthly options expiry.
"Traders are also closely monitoring developments on the tariff front, which could impact Asian markets," he said.
On the home front, Bank Negara Malaysia (BNM) announced that the Malaysian economy expanded by 4.4 per cent in the first quarter of 2025 (1Q 2025), driven by sustained household spending supported by favourable labour market conditions and government policies. The country's GDP stood at 4.2 per cent in 1Q 2024.
Among heavyweights, Maybank rose two sen to RM10.12, Tenaga Nasional was flat at RM14.20, IHH Healthcare fell two sen to RM7.01, while both Public Bank and CIMB eased one sen to RM4.50 and RM7.15 respectively.
For active stocks, West River added one sen to 36.5 sen, Sumisaujana, NexG and Pertama Digital all gained half a sen to 19.5 sen, 36.5 sen and 13 sen, respectively, while Ekovest lost 1.5 sen to 37.5 sen and Nationgate slipped four sen to RM1.68.
On the index board, the FBM Emas Index dropped 37.47 points to 11,736.54, the FBMT 100 Index declined 32.29 points to 11,487.19, and the FBM Emas Shariah Index dipped 42.96 points to 11,675.66.
The FBM 70 Index slid 134.45 points to 16,676.73 and the FBM ACE Index fell by 27.47 points to 4,747.67.
Across sectors, the Financial Services Index declined 16.68 points to 18,453.81, the Industrial Products and Services Index edged down by 0.12 of-a-point to 159.67, the Energy Index shed 9.78 points to 727.56, and the Plantation Index slipped 12.29 points to 7,375.81. - Bernama
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Sun
2 hours ago
- The Sun
KL shares remains positive at mid-afternoon, YTL and Public Bank lift KLCI
KUALA LUMPUR: Kuala Lumpur shares remained positive at mid-afternoon on broad-based buying interest, with gains in YTL counters and Public Bank helping to lift the benchmark index. YTL Corporation gained 12 sen to RM2.14, YTL Power International garnered 13 sen to RM3.64, and Public Bank advanced four sen to RM4.30. These three counters contributed a combined 5.45 points to the composite index's gains. At 3 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose by 8.05 points to 1,525.0 from Tuesday's close of 1,516.95. The benchmark index opened 3.91 points higher at 1,520.86. Across the board, gainers led losers 481 to 394, while a total of 472 counters were unchanged, 1,022 untraded and 11 suspended. Turnover stood at 2.27 billion units valued at RM1.44 billion. For other heavyweights, Maybank climbed four sen to RM9.70, Tenaga Nasional perked up two sen to RM14.26, CIMB advanced seven sen to RM6.92, while IHH and CelcomDigi eased one sen to RM6.88 and RM3.77, respectively. The gainers in the broader market were led by Nestle, which put on 60 sen to RM75.60, F&N increased 58 sen to RM28.38, Allianz jumped 32 sen to RM19.44, and Sunway Construction was 19 sen better at RM6.16. Among the most active stocks, MYEG edged up two sen to 97 sen, TWL was unchanged at 2.5 sen, Tanco advanced half-a-sen to 97 sen, and Gamuda garnered nine sen to RM4.79. On the index board, the FBM Emas Index added 47.08 points to 11,441.20, the FBMT 100 Index gained 48.49 points to 11,208.04, and the FBM Emas Shariah Index increased 34.19 points to 11,403.41. The FBM 70 Index advanced 29.14 points to 16,515.80 and the FBM ACE Index inched up by 1.45 points to 4,512.23. Sector-wise, the Financial Services Index rose 81.29 points to 17,775.58, the Energy Index climbed 1.05 points to 724.36, the Industrial Products and Services Index ticked up 0.53 of-a-point to 152.44, and the Plantation Index improved 7.72 points to 7,217.75.


The Star
2 hours ago
- The Star
Cuckoo International cuts IPO price by 16.3%
SINGAPORE: Household goods maker Cuckoo International has reduced its Malaysian initial public offering price by 16.3% to RM1.08 a share from RM1.29, a stock exchange filing showed on Wednesday. That would reduce the size of its IPO to about RM394mil from around RM471mil. Cuckoo International in April postponed the listing by two months citing global market volatility. The IPO, initially planned for April 30, is scheduled for completion by June 24. Cuckoo International is 62.5% owned by South Korea-listed Cuckoo Homesys, its IPO prospectus showed. - Reuters


The Sun
2 hours ago
- The Sun
KLCI rises on broad gains, led by YTL and Public Bank
KUALA LUMPUR: Kuala Lumpur shares remained positive at mid-afternoon on broad-based buying interest, with gains in YTL counters and Public Bank helping to lift the benchmark index. YTL Corporation gained 12 sen to RM2.14, YTL Power International garnered 13 sen to RM3.64, and Public Bank advanced four sen to RM4.30. These three counters contributed a combined 5.45 points to the composite index's gains. At 3 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose by 8.05 points to 1,525.0 from Tuesday's close of 1,516.95. The benchmark index opened 3.91 points higher at 1,520.86. Across the board, gainers led losers 481 to 394, while a total of 472 counters were unchanged, 1,022 untraded and 11 suspended. Turnover stood at 2.27 billion units valued at RM1.44 billion. For other heavyweights, Maybank climbed four sen to RM9.70, Tenaga Nasional perked up two sen to RM14.26, CIMB advanced seven sen to RM6.92, while IHH and CelcomDigi eased one sen to RM6.88 and RM3.77, respectively. The gainers in the broader market were led by Nestle, which put on 60 sen to RM75.60, F&N increased 58 sen to RM28.38, Allianz jumped 32 sen to RM19.44, and Sunway Construction was 19 sen better at RM6.16. Among the most active stocks, MYEG edged up two sen to 97 sen, TWL was unchanged at 2.5 sen, Tanco advanced half-a-sen to 97 sen, and Gamuda garnered nine sen to RM4.79. On the index board, the FBM Emas Index added 47.08 points to 11,441.20, the FBMT 100 Index gained 48.49 points to 11,208.04, and the FBM Emas Shariah Index increased 34.19 points to 11,403.41. The FBM 70 Index advanced 29.14 points to 16,515.80 and the FBM ACE Index inched up by 1.45 points to 4,512.23. Sector-wise, the Financial Services Index rose 81.29 points to 17,775.58, the Energy Index climbed 1.05 points to 724.36, the Industrial Products and Services Index ticked up 0.53 of-a-point to 152.44, and the Plantation Index improved 7.72 points to 7,217.75.