MARKET PULSE PM JULY 15, 2025 [WATCH]
Bursa Malaysia closed lower today, as investors remained cautious despite an improvement in broader market sentiment.
This is despite the ringgit strengthening to 4.2390 against the US dollar.
In the cryptocurrency market, Bitcoin continues to decline to RM492,711.
Ethereum also extended its downtrend to RM12,596, while Solana slipped to RM672.
That wraps up today's Market Pulse.
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Malay Mail
3 hours ago
- Malay Mail
Bursa slips 0.73pc at midday as investors trim positions ahead of weekend
KUALA LUMPUR, July 25 — Bursa Malaysia finished the morning session in the red, losing 0.73 per cent as cautious sentiment prompted portfolio adjustment ahead of the weekend. At 12.30pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) gave up 11.23 points to 1,529.09, compared to yesterday's close of 1,540.32. The benchmark index opened 1.60 points lower at 1,538.66 and moved between 1,525.98 to 1,539.82 throughout the morning session. Broader market sentiment was bearish, with losers edging past gainers 569 to 270, while 405 counters were unchanged, 1,282 untraded, and 44 suspended. Turnover stood at 2.02 billion units worth RM1.09 billion. In a research note, Malacca Securities Sdn Bhd observed a developing uptrend in select sectors, particularly those linked to utilities and data centre infrastructure. The brokerage also said investors may consider accumulating banking stocks for long-term positions, despite the recent overnight policy rate (OPR) cut, noting that the Bursa Malaysia Finance Index has retreated approximately 10 per cent from its year-to-date high. It identified Malayan Banking Bhd, AMMB Holdings Bhd, and RHB Bank Bhd as attractive picks due to their solid dividend yields. On the consumer front, Malacca Securities added that RM100 cash handouts and price controls on tolls and RON95 fuel are likely to boost short-term consumer spending, potentially benefiting retail-focused counters such as 99 SpeedMart, Ecoshop, and MR DIY. Among the heavyweights, Maybank down eight sen to RM9.55, Public Bank erased three sen to RM4.28, Tenaga Nasional declined 46 sen to RM13.80, CIMB rose four sen to RM6.74, IHH Healthcare and CelcomDigi were one sen better at RM6.60 and RM3.84, respectively. As for the actives, NexG and Velesto added one sen each to 52.5 sen and 19 sen, respectively. Lotte Chemical eased half a sen to 70 sen, while Zetrix and Focus Dynamics were flat at 91.5 sen and one sen, respectively. Across the broader market, the FBM Emas Index dropped 68.58 points to 11,482.59, the FBMT 100 Index slipped 69.61 points to 11,244.95, and the FBM Emas Shariah Index declined 79.25 points to 11,244.95. The FBM 70 Index eased 46.06 points to 16,612.81, while the FBM ACE Index shed 18.58 points to 4,623.93. By sector, the Financial Services Index fell 58.67 points to 17,446.91, the Plantation Index lost 54.85 points to 7,415.11, and the Industrial Products and Services Index was 1.32 points lower at 156.84. The Energy Index, however, rose 3.05 points to 741.73. — Bernama
The Star
3 hours ago
- The Star
Bursa slips 0.73% at midday as investors trim positions ahead of weekend
KUALA LUMPUR: Bursa Malaysia finished the morning session in the red, losing 0.73 per cent as cautious sentiment prompted portfolio adjustment ahead of the weekend. At 12.30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) gave up 11.23 points to 1,529.09, compared to yesterday's close of 1,540.32. The benchmark index opened 1.60 points lower at 1,538.66 and moved between 1,525.98 to 1,539.82 throughout the morning session. Broader market sentiment was bearish, with losers edging past gainers 569 to 270, while 405 counters were unchanged, 1,282 untraded, and 44 suspended. Turnover stood at 2.02 billion units worth RM1.09 billion. In a research note, Malacca Securities Sdn Bhd observed a developing uptrend in select sectors, particularly those linked to utilities and data centre infrastructure. The brokerage also said investors may consider accumulating banking stocks for long-term positions, despite the recent overnight policy rate (OPR) cut, noting that the Bursa Malaysia Finance Index has retreated approximately 10 per cent from its year-to-date high. It identified Malayan Banking Bhd , AMMB Holdings Bhd , and RHB Bank Bhd as attractive picks due to their solid dividend yields. On the consumer front, Malacca Securities added that RM100 cash handouts and price controls on tolls and RON95 fuel are likely to boost short-term consumer spending, potentially benefiting retail-focused counters such as 99 SpeedMart, Ecoshop, and MR DIY. Among the heavyweights, Maybank down eight sen to RM9.55, Public Bank erased three sen to RM4.28, Tenaga Nasional declined 46 sen to RM13.80, CIMB rose four sen to RM6.74, IHH Healthcare and CelcomDigi were one sen better at RM6.60 and RM3.84, respectively. As for the actives, NexG and Velesto added one sen each to 52.5 sen and 19 sen, respectively. Lotte Chemical eased half a sen to 70 sen, while Zetrix and Focus Dynamics were flat at 91.5 sen and one sen, respectively. Across the broader market, the FBM Emas Index dropped 68.58 points to 11,482.59, the FBMT 100 Index slipped 69.61 points to 11,244.95, and the FBM Emas Shariah Index declined 79.25 points to 11,244.95. The FBM 70 Index eased 46.06 points to 16,612.81, while the FBM ACE Index shed 18.58 points to 4,623.93. By sector, the Financial Services Index fell 58.67 points to 17,446.91, the Plantation Index lost 54.85 points to 7,415.11, and the Industrial Products and Services Index was 1.32 points lower at 156.84. The Energy Index, however, rose 3.05 points to 741.73. - Bernama
New Straits Times
3 hours ago
- New Straits Times
Bursa Malaysia among top 50 Asean PLCs, top five in Malaysia
KUALA LUMPUR: Bursa Malaysia Bhd has been recognised as one of the top 50 Asean Public Listed Companies (PLCs) and among the top five PLCs in Malaysia at the Asean Corporate Governance Awards held last night. In a statement, Bursa Malaysia chief executive officer Datuk Fad'l Mohamed said the recognition reflects the exchange's enduring leadership and commitment to upholding the highest standards of governance, transparency, and accountability. "Strong corporate governance is the bedrock of a resilient and trusted capital market. Bursa Malaysia actively champions governance excellence – both within the exchange and across our ecosystem – as a key foundation for investor confidence and sustainable economic growth," he said. Hosted by Malaysia's domestic ranking body, the Minority Shareholders Watch Group, the Asean Corporate Governance Awards recognise Asean PLCs that demonstrate excellence in governance based on the rigorous 2024 Asean Corporate Governance Scorecard (ACGS) Regional Assessment. The event was officiated by Minister of Investment, Trade and Industry, Tengku Datuk Seri Zafrul Tengku Abdul Aziz. Developed in collaboration with the Asian Development Bank, the ACGS is a regional initiative conducted biennially under the Asean Capital Markets Forum to assess, enhance, and promote corporate governance among PLCs across six participating Asean countries. It recognises top-performing PLCs with strong governance frameworks and practices aligned with international standards, focusing on transparency, accountability and board effectiveness, while contributing to the Asean region's growth and attractiveness to investors. — BERNAMA
