![MARKET PULSE AM AUG 7, 2025 [WATCH]](/_next/image?url=https%3A%2F%2Fassets.nst.com.my%2Fimages%2Farticles%2FHQ150125HR016_%25284%2529_1754535619.jpg&w=3840&q=100)
MARKET PULSE AM AUG 7, 2025 [WATCH]
Bursa Malaysia opened on a positive note, following Wall Street's upbeat sentiment driven by Apple's additional investments, despite concerns over a possible 100pct tariff on imported semiconductors.
The local bourse is anticipated to trade within the range of 1,535 to 1,545.
Pharmaniaga was among the most actively traded stocks on the market today after announcing the completion of its PN17 regularisation plan.
The stock declined by five per cent to 17 and a half sen, with 21 million shares changing hands.
In the cryptocurrency market, Bitcoin is trading around RM486,159, while Ethereum remains elevated at RM15,599.
That's it for Market Pulse.
kzn0vMj5nCw

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


Free Malaysia Today
9 hours ago
- Free Malaysia Today
Bursa outperforms regional peers, ends week at intraday high
KUALA LUMPUR : Bursa Malaysia ended the week higher, closing at an intraday high, outperforming regional peers as the formal announcement of the 13th Malaysia Plan (13MP) and renewed developments in US trade tariff policy served as dual tailwinds for market sentiment. UOB Kay Hian Wealth Advisors Sdn Bhd's head of investment research Sedek Jantan said the FTSE Bursa Malaysia KLCI (FBM KLCI) concluded the week on a firmer footing, while regional benchmarks remained subdued amid lingering macroeconomic uncertainty. 'The local index sustained ahead of the midday intermission, but the bullish momentum consolidated post-lunch, underpinned by rising probability-weighted expectations of US monetary policy easing. 'This trajectory was consistent as the confluence of domestic policy catalysts and evolving global trade dynamics supports market sentiment,' he told Bernama. At 5pm, the FBM KLCI rose 7.87 points or 0.51% to close at 1,556.98 from yesterday's close of 1,549.11. The benchmark index had opened 0.11 of-a-point lower at 1,549.00 and hit its lowest level of 1,546.41 during the morning session but gained momentum thereafter. However, the broader market was negative, with decliners beating gainers 541 to 448, while 494 counters were unchanged, 1,030 untraded and nine suspended. Turnover increased to 2.43 billion units worth RM2.22 billion from 2.21 billion units worth RM2.35 billion yesterday. Among the heavyweights, Maybank lost two sen to RM9.61, while Public Bank and Tenaga Nasional gained four sen each to RM4.33 and RM13.80, CIMB rose eight sen to RM6.86, and IHH was one sen higher at RM6.96. Of the most active counters, Ekovest fell one sen to 39.5 sen, Tanco eased 0.5 sen to 76.5 sen, Top Glove dipped two sen to 59.5 sen, and TWL was flat at 2.5 sen, while Pharmaniaga inched up 0.5 sen to 18 sen. Across the broader market, the FBM Emas Index increased 35.25 points to 11,601.79, the FBMT 100 Index rose 39.25 points to 11,379.91, and the FBM Emas Shariah Index advanced 28.02 points to 11,634.18. The FBM ACE Index shaved 24 points to 4,606.88 while the FBM 70 Index dipped 23.44 points to 16,505.53. By sector, the financial services index soared 83.36 points to 17,580.82, the energy index inched up 2.04 points to 736.72, and the plantation index climbed 77.38 points to 7,426.12, while the industrial products and services index eased 0.26 of-a-point to 157.76. The Main Market volume rose to 1.46 billion units valued at RM2.04 billion from 1.33 billion units valued at RM2.15 billion yesterday. Warrants turnover climbed to 715.6 million units worth RM89.04 million from 620.69 million units worth RM97.15 million previously. The ACE Market volume dropped to 250.96 million units worth RM92.31 million from 258.67 million units worth RM99.5 million yesterday. Consumer products and services counters accounted for 272.11 million shares traded on the Main Market; industrial products and services (205.39 million), construction (135.62 million), technology (183 million), SPAC (nil), financial services (87.43 million), property (207.12 million), plantation (15.62 million), REITs (20.36 million), closed-end fund (2,800), energy (72.28 million), healthcare (139.91 million), telecommunications and media (32.58 million), transportation and logistics (37.11 million), utilities (51.7 million), and business trusts (2,300).


The Sun
10 hours ago
- The Sun
HK-listed IVD Medical Invests HK$149M in Ethereum through HashKey Exchange
HONG KONG SAR - Media OutReach Newswire - 9 August 2025 - HashKey Exchange, Hong Kong's largest * licensed virtual asset trading platform, has entered into a strategic partnership with IVD Medical Holdings Limited ( a publicly listed company on the Hong Kong Stock Exchange. The two parties will collaborate to advance enterprise-level digital asset adoption and explore new models for integrating blockchain with industrial capital. IVD Medical has made a pioneering move with a HK$149 million Ethereum purchase via HashKey Exchange. With access to trading and liquidity services provided by HashKey Exchange, IVD Medical is poised to become a pioneering 'Ethereum treasury' among HK-listed companies. This partnership also marks a further step by HashKey Exchange in advancing the compliant adoption and integration of digital assets within traditional industries and Hong Kong's capital markets. Key areas of collaboration include: Block Trade Execution: Access to highly efficient and cost-effective ETH execution via HashKey OTC. Liquidity Provision: Support for large-scale transactions through HashKey Exchange's global liquidity network. Asset Optimization Initiatives: Explore yield-enhancement opportunities, including ETH staking, restaking, and DeFi yield strategies, in collaboration with HashKey Cloud, the Web3 infrastructure arm of HashKey Group. Randall Chan, VP of HashKey Exchange, commented: ' IVD Medical's forward-looking move into digital assets demonstrates how traditional industries are embracing innovation to drive growth. HashKey Exchange remains committed to the highest standards of compliance, security, and transparency, and we look forward to supporting IVD Medical in building its Ethereum treasury and exploring the tokenization of healthcare assets. Together, we aim to bridge the digital and real economies and contribute to Hong Kong's position as a global hub for financial innovation.' Gary Deng, Chief Strategy Officer of IVD Medical, added: 'We are delighted to partner with HashKey Exchange. The digital economy is the engine of future growth, and traditional industries must actively integrate to stay ahead in this new wave of technological transformation. Through this collaboration, IVD Medical aims to establish itself as a leading Ethereum Treasury player, strengthen its resilience against market volatility, and deliver long-term value to shareholders.'


Malay Mail
15 hours ago
- Malay Mail
Bursa Malaysia eyes 1,560 breakout next week as GDP data, tariff news loom
KUALA LUMPUR, Aug 9 — Bursa Malaysia is likely to retain its constructive bias into next week, with potential upside breakout above the 1,560 level, said an analyst. UOB Kay Hian Wealth Advisors Sdn Bhd's head of investment research, Mohd Sedek Jantan, said the near-term momentum would remain path-dependent on investor sentiment and the regional risk premium. He noted that Malaysia's final second quarter of 2025 (2Q 2025) gross domestic product (GDP) reading, due on Friday (Aug 15), should confirm the economy's resilience, with forecast unchanged at 4.5 per cent year-on-year. 'On the same day, China will publish its latest retail sales figures, as we believe the marginal policy impact is now diminishing, with our projection pointing to a moderation to 4.6 per cent year-on-year. 'These drivers could recalibrate regional equity risk appetite and influence commodity-linked trade flows into Asean markets,' he told Bernama. Mohd Sedek also said investors remained focused on United States (US) semiconductor tariff announcement, as tariff-sensitive sectors could experience episodic volatility, 'The prevailing global macro narrative is anchored on imminent US Federal Reserve (Fed) rate cuts as it may exert a stronger influence on cross-asset flows, potentially superseding trade-related caution. 'We view positive domestic macro prints and robust US corporate earnings should provide further underpinning for the index,' he said. Meanwhile, Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said investors are keeping a close watch on US-China trade relations. He said reports signalled that talks might restart amid escalating tariff impacts and geopolitical uncertainty, both of which are influencing global market trends. On a weekly basis, the benchmark index rose 23.63 points to 1,556.98 on Friday from 1,533.35 a week earlier. The FBM Emas Index increased 76.46 points to 11,601.79, the FBMT 100 Index gained 94.28 points to 11,379.91, and the FBM Emas Shariah Index climbed 93.42 points to 11,634.18. The FBM 70 Index declined 208.34 points to 16,505.53, while the FBM ACE Index dropped 17.49 points to 4,606.88. By sector, the Financial Services Index soared 100.62 points to 17,580.82, the Plantation Index added 55.15 points to 7,426.12, while the Energy Index slipped 12.88 points to 736.72. Weekly turnover swelled to 12.65 billion units worth RM11.65 billion from 15.94 billion units worth RM11.88 billion in the previous week. The Main Market volume shrank to 7.66 billion units valued at RM10.61 billion compared with 8.33 billion units valued at RM10.46 billion previously. Warrants turnover declined to 3.62 billion units worth RM508.07 million from 5.50 billion units worth RM859.03 million in the preceding week. The ACE Market volume decreased to 1.37 billion units valued at RM529.84 million versus 2.10 billion units valued at RM561.51 million a week ago. — Bernama