Bursa Opens Slightly Higher As Investors Track Regional Sentiment And Earnings Cues
Gains were also seen across broader indices with the FBM 70 up 30.07 points to 16,669.95, FBM Emas adding 12.72 points to 11,474.65 and the FBM ACE edging up 0.14%. The F4GBM Shariah index rose 0.08%, reflecting mild buying interest in Shariah-compliant counters.
Investor sentiment remained mixed as regional markets looked to Wall Street's muted performance overnight, amid persistent uncertainty over the US Federal Reserve's next policy move and China's ongoing property sector troubles.
NexG continued to dominate trading on the local bourse, rising 1 sen to 51.5 sen with over 239 million shares exchanged, followed by TWL Holdings and ICENTURY, which also saw active buying interest.
Meanwhile, global investors are closely watching earnings season developments in the US and key macro data due this week, including inflation prints from Europe and Japan. Domestically, investors are also assessing recent government statements on fiscal measures and subsidy rationalisation plans, which may influence market sentiment in the near term. Related
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New Straits Times
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- New Straits Times
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KUALA LUMPUR: News on the latest moves on the stock and crypto markets. Bursa Malaysia's 30-stock index opened lower, tracking Wall Street's losses last Friday. Investors remain concerned over weaker US economic data coupled with impacts from President Donald Trump's tariff war. In view of the prevailing uncertainty, the FBM KLCI is expected to hover within the 1,425 to 1,535 range today. In the cryptocurrency market, Bitcoin fell slightly to RM489,869. However, Ethereum showed a positive trend, rising to RM15,122, while Solana traded at RM699. That is it for Market Pulse.
The Star
2 hours ago
- The Star
Local retailers extend buying streak, records net equity inflow of RM114.4mil
KUALA LUMPUR: Malaysian retailers continued their net buying activities on Bursa Malaysia for the fourth consecutive week last week, posting a net equity inflow of RM114.4 million, according to MBSB Investment Bank Bhd (MBSB IB). In its weekly Fund Flow Report, the investment bank said local institutions also ended their two-week net selling streak and turned net buyers last week, registering a net purchase of RM263.7 million. Meanwhile, it noted that foreign investors continued to net sell for four consecutive weeks, recording a net equity outflow of RM378.1 million, representing 4.2 times higher than the previous week's outflow of RM89.9 million. "Foreign investors were net sellers on every trading day, with outflows ranging from RM13.2 million to RM142.2 million. "The largest outflow was recorded on Tuesday, followed by Monday with RM103.3 million, Thursday with (-RM85.0 million) and Wednesday (-RM34.4 million), while Friday recorded the smallest outflow," it said. According to MBSB IB, the top three sectors that recorded the highest net foreign inflows were construction (RM107.4 million), transportation and logistics (RM93.9 million) and REITs (RM12.1 million). Additionally, the top three sectors that recorded the highest net foreign outflows were financial services (-RM245.8 million), healthcare (-RM154.1 million) and utilities (-RM114.2 million). The investment bank said the average daily trading volume experienced a broad-based increase last week, with foreign investors and local retailers recording a 14.9 per cent and 2.8 per cent rise, respectively, while local institutions saw a decline of 5.0 per cent. - Bernama
New Straits Times
2 hours ago
- New Straits Times
Foreign funds exit Bursa for fourth straight week
KUALA LUMPUR: Foreign investors extended their net selling streak on Bursa Malaysia to a fourth consecutive week, according to MBSB Research. The research house said foreign investors have registered a net outflow of RM378.1 million, 4.2 times higher than previous week outflow of RM89.9 million. "Foreign investors were net sellers on every trading day, with outflows ranging from RM13.2 million to RM142.2 million. "The largest outflow was recorded on Tuesday, followed by Monday with RM103.3 million, Thursday with RM85.0 million and Wednesday with RM34.4 million, while Friday recorded the smallest outflow," it said in its fund flow report. MBSB Research said the top three sectors that recorded the highest net foreign inflows were construction (RM107.4 million ), transportation and logistics (RM93.9 million) and real estate investment trusts or REITs (RM12.1 million). Meanwhile, it said the top three sectors that recorded the highest net foreign outflows were financial services (RM245.8 million), healthcare (RM154.1 million) and utilities (RM114.2 million). On local institutions, MBSB Research said they ended their two-week net selling streak turning to net buyers last week, registering purchases of RM263.7 million. As for local retailers, the firm said they continued their net buying activities, extending to a four-week consecutive streak of purchases, posting a net inflow of RM114.4 million. "The average daily trading volume experienced a broad-based incline last week. Foreign investors and local retailers recorded an increase of 14.9 per cent and 2.8 per cent respectively, while local institutions saw a decline of 5.0 per cent," it added.
