15-07-2025
Bursa Malaysia slides as global headwinds continue
KUALA LUMPUR: Malaysian equities failed to hold on to price levels in the early session amid growing anxiety over the developments in the US tariffs saga and growing geopolitical tension.
The market's main index was was down 4.25 points to 1,533.26 while 463 stocks fell into negative territory, as compared to 358 trading higher.
Volume was 1.86 billion shares valued at RM1.04bil.
Among the leading laggards, PETRONAS Dagangan shed 22 sen to RM21.36, Hong Leong Bank lost 16 sen to RM19.40 and Gamuda shaved five sen to RM5.04.
Leading the actives was Zetrix AI, slumping 5.5 sen to 93 sen following the stock exchange's public reprimand.
Runner-ups included NexG, up 0.5 sen to 47.5 sen, and NationaGate up eight sen to RM1.68.
In regional markets, Japan's Nikkei was upo 0.11% to 34,496 while South Korea's Kospi dropped 0.18% to 3,196.
China's composite index slid 0.93% to 3,486 and Hong Kong's Hang Seng rose 0.2% to 24,250.