Latest news with #FBMACE
BusinessToday
22-07-2025
- Business
- BusinessToday
Bursa Opens Slightly Higher As Investors Track Regional Sentiment And Earnings Cues
Bursa Malaysia opened marginally higher on Tuesday, with the FBM KLCI inching up 0.05% or 0.78 points to 1,525.37 at 9.17 am, supported by cautious optimism ahead of key corporate earnings and global economic data. 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
BusinessToday
04-07-2025
- Business
- BusinessToday
KLCI Inches Higher At Midday While Broader Market Stays Mixed
Bursa Malaysia's benchmark index edged up at midday on Friday, supported by gains in blue-chip counters, although broader market sentiment remained cautious ahead of key economic data and global developments. As at 12.30pm, the FBM KLCI rose 2.00 points to 1,550.99, after moving between 1,547.70 and 1,551.78 throughout the morning session. The marginal gain of 0.13% kept the index hovering near its recent high, as investors selectively picked up index-linked stocks. In contrast, the FBM 70 slipped 33.88 points to 16,798.65, down 0.20%, while the FBM ACE and small-cap stocks also showed mixed performances. The FBM Emas Shariah Index dipped 0.04% to 11,633.61, weighed down by declines in Shariah-compliant counters, while the broader FBM Emas Index added 6.93 points to 11,624.63. The FTSE4Good Bursa Malaysia Index (F4GBM) gained 0.61 points to 940.70, reflecting modest interest in ESG-aligned stocks amid continued focus on sustainability-themed investing. In terms of actives, Borneo Oil remained the most traded stock with 734.81 million shares unchanged at 0.005 sen. Zetrix rose 2 sen to 99.5 sen with 728.80 million shares done, while Nexgram climbed 0.5 sen to 39.5 sen. Natgate gained 7 sen to RM1.74, while UCrest slipped 1 sen to 8.5 sen. Sentiment remained cautious despite the index's uptick, with investors keeping an eye on global cues including US labour market data and the direction of interest rates. Market activity is expected to stay range-bound heading into the weekend. Related
BusinessToday
26-05-2025
- Business
- BusinessToday
Bursa Ends Marginally Lower Amid Cautious Sentiment
Bursa Malaysia closed marginally lower on Monday, with the benchmark FBM KLCI dipping by 1.08 points or 0.07% to settle at 1,534.30 amid cautious investor sentiment and mild profit-taking in selected heavyweight counters. The index traded between 1,528.93 and 1,537.27 throughout the session, reflecting a narrow range as investors remained on the sidelines ahead of key global economic data releases. Broader market performance was also subdued. The FBM 70 Index slipped 46.90 points or 0.29% to 16,303.36, while the FBM Emas Index lost 18.36 points or 0.16% to close at 11,455.69. The FBM ACE declined 36.24 points or 0.32% to 11,389.98. Meanwhile, the FTSE4Good Bursa Malaysia Index (F4GBM) eased 1.28 points or 0.14% to 923.85. On the actives list, Sapura Energy (SAPNRG) led in volume with over 1.24 billion shares traded, closing unchanged at 4 sen. Ecoshop shed 4 sen to RM1.16 with 433 million shares done, while OCR Group stayed flat at 3.5 sen on trades exceeding 33 million shares. Tanco Holdings rose 2.5 sen to RM1.00, and HM remained steady at 18 sen. Sentiment on the local bourse stayed mixed as global market direction remained unclear, with investors awaiting cues from key US inflation data and ongoing geopolitical developments. Related
BusinessToday
02-05-2025
- Business
- BusinessToday
Bursa Malaysia Ends Morning Session Mixed; FBM KLCI Dips While Broader Market Advances
Bursa Malaysia ended the morning session on Thursday mixed, with the benchmark index slipping slightly while broader market indicators showed gains on the back of strong buying interest in small and mid-cap stocks. At 12.30 pm, the FBM KLCI eased 2.43 points or 0.16% to 1,537.79, retreating from an intraday high of 1,539.62 and a low of 1,532.23. The decline was led by profit-taking in selected blue-chip counters after recent rallies. In contrast, the FBM 70 surged 227.48 points or 1.43% to 16,172.85, signalling continued investor interest in mid-sized stocks. Similarly, the FBM ACE and FBM EMAS indices also posted gains, with the latter rising 37.07 points or 0.32% to 11,444.85. Gains were also seen in the FBM Shariah Index, which climbed 70.54 points or 0.63% to 11,344.83, while the FTSE4Good Bursa Malaysia Index inched up 1.94 points or 0.21% to 922.30, reflecting selective buying in ESG-compliant counters. Market activity was dominated by lower liners and small-cap stocks. Reach Energy was the most actively traded, gaining 2.5 sen to 54.5 sen with over 1.05 billion shares changing hands. NATGATE Holdings followed closely, adding 11 sen to RM1.47 on volume of 394.2 million shares. Tanco Holdings also saw strong demand, rising 1.5 sen to 87.5 sen. Other active counters included Avangard which remained flat at 27.5 sen, and JAKS Resources, which was last traded at 10.5 sen. Sentiment was buoyed by rotational plays in mid- and small-cap stocks, although gains were capped at the top end by cautious trading ahead of key economic data due later this week. Related
