FBM KLCI Steady, Broader Market Advances Led by Mid-Caps and Tech
Bursa Malaysia was mixed at mid-day, with the FBM KLCI holding near the flatline while broader indices posted modest gains amid cautious investor sentiment heading into the weekend.
At 12.30 pm, the FBM KLCI edged up 0.42 points to 1,506.94, off an intraday high of 1,512.29, as profit-taking in selected blue chips capped broader upside.
The FBM 70 led the day's advance, rising 137.32 points or 0.88% to 15,714.50, lifted by interest in mid-cap counters. The FBM Emas gained 34.53 points to 11,189.07, while the FBM Shariah rose 45.57 points to 11,034.89. The FTSE4Good Bursa Malaysia Index also climbed 2.55 points to 902.15, tracking the broader market tone.
Among the most actively traded stocks, Bina Puri Holdings Bhd (BPURI) topped the volume chart with over 488 million shares done. The stock fell 12 sen to 25.5 sen after hitting a high of 31 sen earlier.
Rapid Synergy Bhd (RTECH) surged 4 sen to 28.5 sen with 292 million shares traded, followed by Yong Tai Bhd, which added 0.5 sen to 22.5 sen.
NationGate Holdings Bhd (NATGATE) advanced 7 sen to RM1.25 on brisk volume of 252 million shares, while Tanco Holdings Bhd inched up 0.5 sen to 86 sen.
Overall market breadth was positive, with rising interest in mid-cap and tech-related counters helping offset range-bound movement in index heavyweights.
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