14-05-2025
FBM KLCI rebounds, closes higher amid regional gains
KUALA LUMPUR: The FBM KLCI rebounded to finish higher on Wednesday, supported by improved sentiment and gains across regional peers.
The 30-stock index rose 1.12 points, or 0.07% to 1,583.51 after moving between its intraday high of 1,583.67 and low of 1,573.44.
The market showed positive breadth, with more gainers than losers—762 stocks rose, while 360 declined. Liquidity improved to 4.20 billion units valued at RM3.29bil.
Among the gainers on Bursa Malaysia, Kluang Rubber rose 45 sen to RM5.96, Malaysian Pacific Industries added 34 sen to RM21.32, Dutch Lady climbed 30 sen to RM29.30 and Hengyuan increased 30 sen to RM1.94.
Decliners included United Plantations, which slid 50 sen to RM22.48, Carlsberg, down 32 sen to RM19.16, Nestle, which fell 20 sen to RM84.80, and Chin Tek, losing 19 sen to RM8.19.
Among the banks, Public Bank gained three sen to RM4.53, RHB Bank fell four sen to RM6.78, and CIMB lost seven sen to RM7.24.
Maybank and Hong Leong Bank closed unchanged at RM10.20 and RM20.20, respectively.
Meanwhile, the ringgit strengthened by 0.71% against the US dollar to 4.2910 and gained 0.06% against the Singapore dollar, reaching 3.3097.
On the external front, MSCI's Asia ex-Japan stock index was 1.64% higher.
Japan's Nikkei 225 closed down 0.14% to 38,128.13 while South Korea's Kospi rose 1.23% to 2,640.57.
China's CSI 300 index rose 1.21% to 3,943.21 while the Shanghai Composite added 0.86% to 3,403.95.
Hong Kong's Hang Seng closed up 2.3% at 23,640.65.
