logo
FBM KLCI futures end morning session lower

FBM KLCI futures end morning session lower

KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives traded easier at midday today, tracking losses in the underlying cash market.
At lunch break, the spot month July 2025 contract reduced 7.5 points to 1,520.0, August 2025 fell 7.0 points to 1,517.5, September 2025 erased 5.5 points to 1,498.5, and December 2025 lost 8.0 points to 1,500.0.
Turnover stood at 2,005 lots, with open interest at 36,663 contracts.
At 12.30 pm, the FBM KLCI dropped 5.27 points, or 0.34 per cent, falling to 1,520.59 from last Friday's close of 1,525.86.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Bursa pulls back on profit-taking
Bursa pulls back on profit-taking

Free Malaysia Today

time8 hours ago

  • Free Malaysia Today

Bursa pulls back on profit-taking

KUALA LUMPUR : Bursa Malaysia pulled back today as investors took profit on selected heavyweights, capitalising on Friday's sharp rally to lock in short-term gains. However, the recent announcement on the 13th Malaysia Plan (13MP) and the US's tariff reduction could bolster market optimism in the near-term. UOB Kay Hian Wealth Advisors Sdn Bhd's head of investment research Sedek Jantan said the FTSE Bursa Malaysia KLCI (FBM KLCI) is still in a consolidation phase following strong upward momentum, as investors are still adjusting to evolving global macroeconomic signals. 'Utilities and banking counters came under pressure, contributing to the index's modest pullback. 'We interpret this rotation as reflective of selective repositioning rather than broad-based risk aversion,' he told Bernama. Looking ahead, Sedek maintains a constructive outlook, underpinned by optimism surrounding the recently unveiled 13MP, which lays the groundwork for long-term structural reforms. 'Additionally, the reduction in US trade tariffs has eased near-term geopolitical uncertainty and supported a more stable macro backdrop for Malaysian equities. 'We also expect the market to increasingly price in the prospect of a Federal Reserve interest rate cut at the upcoming federal open market committee meeting,' he added. At 5pm, the FBM KLCI fell 6.37 points or 0.42% to close at 1,526.98 from last Friday's close of 1,533.35. The benchmark index, which opened 3.07 points lower at 1,530.28, moved between 1,522.96 and 1,530.28 throughout the trading session. The broader market was negative, with decliners outpacing gainers 584 to 390, while 479 counters were unchanged, 1,037 untraded and 11 suspended. Turnover declined to 2.63 billion units worth RM1.94 billion from 3.16 billion units worth RM2.23 billion last Friday. Among the heavyweights, Maybank lost 6 sen to RM9.54, Public Bank fell 5 sen to RM4.24, Tenaga Nasional slid 14 sen to RM13.16, CIMB dipped 4 sen to RM6.75, while IHH Healthcare went up 2 sen to RM6.70. Of the most active counters, Trive Property inched up 0.5 sen to 1.5 sen, while Inari Amertron shed 14 sen to RM1.99, Magma went down 3 sen to 38.5 sen, Zetrix AI shaved 2.5 sen to 87 sen, and Tanco erased 2 sen to 82 sen. Top gainers included Nestle, which advanced RM1.18 to RM88.98, Fraser & Neave gained 38 sen to RM29, Petronas Gas rose 24 sen to RM18.12, and Ralco Corp soared 14.5 sen to RM1.11. As for the top losers, Malaysian Pacific Industries slumped 46 sen to RM19.88, Hong Leong Bank slipped 24 sen to RM18.90, and Petronas Dagangan trimmed 20 sen to RM21.42. Across the broader market, the FBM Emas Index sank 52.51 points to 11,472.82, the FBMT 100 Index decreased 52.03 points to 11,233.60, and the FBM Emas Shariah Index slipped 47.55 points to 11,493.21. The FBM 70 Index tumbled 99.61 points to 16,614.26 while the FBM ACE Index edged up 5.00 points to 4,629.37. By sector, the financial services index shrank 115.64 points to 17,364.56, the industrial products and services index was 1.12 points lower at 158.02, the plantation index shed 0.52 of-a-point to 7,370.45, and the energy index eased 9.81 points to 739.79. The Main Market volume declined to 1.51 billion units valued at RM1.73 billion from 1.97 billion units valued at RM1.98 billion last Friday. Warrants turnover fell to 824.19 million units worth RM117.88 million from 895.32 million units worth RM143.46 million previously. However, the ACE Market volume improved to 290.27 million units worth RM97.82 million from 289.60 million units worth RM108.93 million on Friday. Consumer products and services counters accounted for 192.04 million shares traded on the Main Market; industrial products and services (195.89 million), construction (154.55 million), technology (245.39 million), SPAC (nil), financial services (51.55 million), property (201.98 million), plantation (22.81 million), REITs (32.68 million), closed-end fund (2,700), energy (198.14 million), healthcare (119.63 million), telecommunications and media (32.24 million), transportation and logistics (32.54 million), utilities (34.92 million), and business trusts (144,300).

Profit taking pushes Bursa Malaysia down
Profit taking pushes Bursa Malaysia down

New Straits Times

time9 hours ago

  • New Straits Times

Profit taking pushes Bursa Malaysia down

KUALA LUMPUR: Bursa Malaysia closed lower on Monday as investors engaged in profit taking on selected heavyweights, capitalising on Friday's sharp rally to lock in short-term gains. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 6.37 points or 0.42 per cent to close at 1,526.98 from last Friday's close of 1,533.35. The benchmark index, which opened 3.07 points lower at 1,530.28, moved between 1,522.96 and 1,530.28 throughout the trading session. The broader market was negative, with decliners outpacing gainers 584 to 390, while 479 counters were unchanged, 1,026 untraded and 11 suspended. Turnover declined to 2.63 billion units worth RM1.94 billion from 3.16 billion units worth RM2.23 billion last Friday. UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan said the FBM KLCI ended lower as investors capitalised on Friday's sharp rally to secure short-term profits. He said such consolidation is typical following strong upward momentum, particularly in an environment still adjusting to evolving global macroeconomic signals. Among FBM KLCI constituents, consumer-related stocks led the gainers, rebounding from previous session losses, signalling a rotation into domestically driven sectors. "Meanwhile, utilities and banking counters came under pressure, contributing to the index's modest pullback. "We interpret this rotation as reflective of selective repositioning rather than broad-based risk aversion," he added. Sedek maintains a constructive outlook, supported by optimism over the recently unveiled 13th Malaysia Plan, which sets the stage for long-term structural reforms. He said the reduction in US trade tariffs has eased near-term geopolitical uncertainty and supported a more stable macro backdrop for Malaysian equities. "From August through to next month, we expect the market to increasingly price in the prospect of a Federal Reserve rate cut at the upcoming FOMC meeting. "Friday's softer-than-expected US non-farm payrolls report has significantly shifted investor expectations, with markets now assigning an 80 per cent probability to a 25-basis-point rate cut in September. "Equity investors appear to be pinning their hopes on the Fed to provide further policy accommodation to sustain economic momentum," he added.

FBM KLCI falls on profit-taking despite regional market gains
FBM KLCI falls on profit-taking despite regional market gains

The Star

time10 hours ago

  • The Star

FBM KLCI falls on profit-taking despite regional market gains

KUALA LUMPUR: Bursa Malaysia bucked the broadly higher regional trend as investors took profit off the table, sending the FBM KLCI lower on selling in banking stocks. At 5 pm, the FBM KLCI ended down 6.37 points, or 0.42% to 1,526.98 after rising to an intraday high of 1,530.28. Market breadth turned negative as losers overpowered the gainers on a ratio of 584-to-390 stocks. Traded volumes stood at 2.63 billion shares worth RM1.94bil. Dealers said a bout of profit-taking sent many stocks lower, with the local bourse also weighed down by selling in banking stocks and Tenaga Nasional. They noted that recent gains prompted investors to lock in profits, especially amid lingering external uncertainties. Public Bank slipped five sen to RM4.24, pulling the index down by 1.3722 points. Maybank fell six sen to RM9.54, weighing on the index by 1.0249 points, while Tenaga Nasional declined 14 sen to RM13.16, trimming 1.1538 points off the index. CIMB slipped four sen to RM6.75, dragging the index down by 0.6083 points, while Hong Leong Bank fell 24 sen to RM18.90, weighing on the index by 0.7356 points. Gainers among the FBM KLCI component stocks were Nestle, PETRONAS Gas, QL Resources and MISC. On the broader market, Malaysian Pacific Industries fell 46 sen to RM19.88, Heineken dropped 26 sen to RM23.32, and Hong Leong Industries eased 18 sen to RM12.78. Meanwhile, F&N gained 38 sen to RM29, Ralco rose 14.5 sen to RM1.11, and KJTS added 12 sen to RM1.44. On the forex market, the ringgit was quoted at 4.2395 against the US dollar, up 0.9%, and at 3.2908 against the Singapore dollar, gaining 0.07%. Across the region, MSCI's Asia ex-Japan stock index rose 0.77%. Hong Kong's Hang Seng delivered a 0.92% gain, China's CSI300 advanced 0.4%, and the Shanghai Composite added 0.66%. South Korea's Kospi ended 0.91% higher. In contrast, Japan's Nikkei 225 fell 1.25%.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store