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.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Focus Malaysia
5 hours ago
- Focus Malaysia
Bursa Malaysia ends marginally higher amid cautious regional sentiment
BURSA Malaysia closed slightly higher today, with the key index climbing 0.18%, supported by buying in utilities and telecommunications heavyweights, despite softer regional sentiment due to profit-taking and caution surrounding the United States-China trade deal. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 2.78 points to 1,526.62 from Wednesday's close of 1,523.84. The benchmark opened 3.87 points higher at 1,527.71 this morning, and subsequently moved between 1,523.22 to a high of 1,528.72 throughout the session. On the broader market, losers thumped gainers 500 to 379, while 530 counters were unchanged, 986 untraded and 17 suspended. Turnover fell to 2.73 billion units worth RM2.07 bil compared with yesterday's 3.27 billion units worth RM2.59 bil. ‒ June 12, 2025
The Star
5 hours ago
- The Star
FBM KLCI rises for second day amid trade uncertainty
KUALA LUMPUR: The FBM KLCI closed higher for the second straight day amid cautious sentiment, supported by selective buying in heavyweight stocks. Adding to the cautious mood were ongoing uncertainties over global trade developments and a mixed performance across key regional markets. The 30-stock index closed up 2.78 points, or 0.18% at 1,526.62. The market traded within a range of 5.5 points between an intra-day high of 1,528.72 and a low of 1,523.22 during the session. Market breadth turned negative as losers overpowered the gainers on a ratio of 500-to-379 stocks. Traded volumes stood at 2.73 billion shares worth RM2.1bil. Nestle jumped 82 sen to RM76.38, PETRONAS Gas added 38 sen to RM18.08, Dutch Lady advanced 18 sen to RM29.68 and Carlsberg climbed 16 sen to RM19.62. Among the decliners, F&N fell 24 sen to RM28.20, LPI Capital slid 20 sen to RM14.32, Heineken gave up 14 sen to RM27.18 and Hong Leong Industries declined 12 sen to RM13.50. Among the banks, Maybank added seven sen to RM9.77, Public Bank fell two sen to RM4.29 and CIMB declined one sen to RM6.89. RHB Bank gained one sen to RM6.39 while Hong Leong Bank rose 12 sen to RM19.64. Meanwhile, the ringgit strengthened 0.16% against the US dollar to 4.2290, tracking the greenback's decline amid renewed expectations of interest rate cuts by the US Federal Reserve and lingering uncertainty over global trade developments. However, the local currency weakened against several other major currencies. It fell 0.72% against the euro to 4.8784, dropped 0.28% against the British pound to 5.7348, and eased 0.22% against the Singapore dollar to 3.3005. Reuters reported that the US dollar slid to a seven-week low as markets priced in potential Fed rate cuts by year-end, with investors increasingly uncertain about the outlook for global trade. On the external front, regional markets were mixed. Japan's Nikkei 225 slipped 0.65% to 38,173.09, while South Korea's Kospi gained 0.45% to close at 2,920.03. Hong Kong's Hang Seng Index declined 1.36% to 24,035.38. In China, the CSI 300 index edged down 0.06% to 3,892.20, while the Shanghai Composite inched up 0.01% to 3,402.66.
New Straits Times
6 hours ago
- New Straits Times
Bursa Malaysia ends marginally higher amid cautious regional sentiment
KUALA LUMPUR: Bursa Malaysia closed slightly higher today, with the key index climbing 0.18 per cent, supported by buying in utilities and telecommunications heavyweights, despite softer regional sentiment due to profit-taking and caution surrounding the United States-China trade deal. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 2.78 points to 1,526.62 from Wednesday's close of 1,523.84. The benchmark opened 3.87 points higher at 1,527.71 this morning, and subsequently moved between 1,523.22 to a high of 1,528.72 throughout the session. On the broader market, losers thumped gainers 500 to 379, while 530 counters were unchanged, 986 untraded and 17 suspended. Turnover fell to 2.73 billion units worth RM2.07 billion compared with yesterday's 3.27 billion units worth RM2.59 billion. Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said the FBM KLCI edged higher with buying in selective heavyweights such as utilities and telco stocks, while key regional indices finished mostly lower due to profit-taking following gains over the last few days. "In addition, market sentiment was dampened by US President Donald Trump's threat to impose new trade tariffs on major economies, while investors remained cautious, awaiting further details on the US-China trade deal," he told Bernama. Elaborating on the local market performance, Thong noted that the benchmark index remains in consolidation mode despite closing higher over the past two sessions, as it still needs to break above the 1,530 resistance level and sustain that level for a longer period. "As such we anticipate the FBM KLCI to trend within the 1,520-1,530 range towards the weekend," he added.
