Blue Chips Lift KLCI On Midday, Broader Bursa Drags
Bursa Malaysia's benchmark index edged higher at midday, supported by selective buying in blue chips despite mixed sentiment across the broader market.
At 12.35pm, the FBM KLCI rose 3.35 points to 1,504.79, recovering from an intraday low of 1,500.04. The index touched a high of 1,505.16 earlier in the session, marking a modest 0.22% gain.
The FBM Emas also posted a slight increase of 8.71 points to 11,232.45, while the FTSE4Good Bursa Malaysia Index (F4GBM) rose 0.99 points to 908.41.
However, the broader market showed signs of cautious trading. The FBM 70 slipped 22.66 points to 16,070.79, and the FBM ACE dipped 33.46 points to 11,199.43.
Among actives, PUC emerged as the most traded stock, gaining 0.005 sen to 2.5 sen on a volume of 825.6 million shares. Astro fell 1.5 sen to 16 sen with 162.5 million shares traded, while Pavilion REIT declined 2 sen to RM1.52 on 125.6 million shares.
Market activity reflected cautious optimism as investors digested global cues ahead of key economic data releases. Related
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