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Bursa Ends Marginally Lower Amid Cautious Sentiment
Bursa Ends Marginally Lower Amid Cautious Sentiment

BusinessToday

time26-05-2025

  • 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

Bursa Malaysia Ends Morning Session Mixed; FBM KLCI Dips While Broader Market Advances
Bursa Malaysia Ends Morning Session Mixed; FBM KLCI Dips While Broader Market Advances

BusinessToday

time02-05-2025

  • 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

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