Bursa Malaysia ends morning session in positive territory
At 12.30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) climbed 0.41 per cent, or 6.28 points, to 1,514.25 from Wednesday's close of 1,507.97.
The benchmark index opened 2.73 points higher at 1,510.70, and moved between 1,509.25 and 1,515.90 throughout the morning session.
Market breadth was favourable with gainers leading decliners 490 to 311, while 425 counters were unchanged, 1,130 untraded, and 20 suspended.
Turnover stood at 1.42 billion units valued at RM1.02 billion.
Maybank Investment Bank (Maybank IB) in a note said the construction sector is expected to remain in focus as it continues its current uptrend. Similarly, the real estate investment trust (REIT) sector remains resilient despite some profit-taking observed yesterday.
"Technically, we expect the benchmark index to range between 1,495 and 1,515 points today, with support levels remaining at 1,500 and 1,440,' said the investment bank.
Among the heavyweights, YTL Corporation perked up 13 sen to RM2.01, YTL Power International increased 21 sen to RM3.50, Petronas Chemicals garnered 11 sen to RM3.35, MR DIY rose 5.0 sen to RM1.60, and Sime Darby increased 3.0 sen to RM1.73.
Among the most active stocks, ACE Market debutant Signature Alliance Group surged 8.0 sen to 70 sen, NexG eased half-a-sen to 37.5 sen, MYEG put on 2.0 sen to 92 sen, Tanco was 1.0 sen better at 99.5 sen, and Gamuda added 4.0 sen to RM4.70.
On the index board, the FBM Emas Index climbed 52.10 points to 11,335.17, the FBMT 100 Index garnered 50.57 points to 11,103.52, and the FBM ACE Index increased 1.76 points to 4,481.41.
The FBM Emas Shariah Index surged 75.35 points to 11,317.01 and the FBM 70 Index advanced jumped 91.89 points to 16,260.88.
Sector-wise, the Financial Services Index fell 70.90 points to 17,689.95, the Industrial Products and Services Index was up 1.29 points to 151.39, the Plantation Index gained 18.00 points to 7,221.67, and the Energy Index shed 0.57 of-a-point to 701.89. - Bernama
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Malay Mail
10 hours ago
- Malay Mail
RM1.9t in IPOs: Bursa Malaysia tops SE Asia's capital market surge in H1 2025, says CEO
KAMPAR, July 26 — Bursa Malaysia has maintained its lead position in initial public offering (IPO) activities in South-east Asia, recording a market value exceeding RM1.9 trillion in the first half of 2025. Bursa Malaysia chief executive officer Datuk Fad'l Mohamed said this achievement reflects the strength of the country's capital market and also the business community's confidence in Bursa Malaysia as a partner for long-term growth. 'Retail investors' participation remains strong and continues to be a major contributor to the country's equity market. The average daily trading value (ADV) of retail investors remains stable at about RM450 million, in line with pre-Covid-19 levels, as of the middle of this year,' he said in his speech at the 2025 Perak Stock Carnival at Tunku Abdul Rahman University (UTAR) here today. Fad'l added that there are more than 113,000, or eight per cent of active retail investors in Perak, out of a total of 1.4 million in Malaysia, with nearly 6,000 new Central Depository System (CDS) accounts opened as of the middle of this year. He said Perak's potential for further growth in the capital market is very high with its 2.5 million population. 'However, despite these impressive figures, our priority is to build retail investors who are knowledgeable, responsible and confident about their investments,' he said. Bursa Malaysia also emphasised the need to raise awareness about the growing issue of investment fraud, with the police reporting more than 2,000 cases in the first quarter of this year, he said. The exchange is intensifying financial literacy programmes such as Sens-Ability, and providing various educational materials for new and experienced investors as a preventive measure, he said. 'Bursa Malaysia also introduced investment products like BR Capital, Bursa Gold Dinar, and MyBursa to cater to various investor segments. 'We encourage everyone present to leverage the knowledge-sharing sessions and opportunities provided throughout this carnival to make informed and wise investment decisions,' he added. The carnival, held for the first time in Perak, is part of a series of programmes that started in 2022, after previous events in Pahang, Terengganu and Perlis to strengthen investment literacy among the public. Perak's Tourism, Industry, Investment, and Corridor Development committee chairman Loh Sze Yee and UTAR research and commercialisation division vice-president Prof Dr Zuraidah Abd Manaf were also present at the event. — Bernama
Barnama
15 hours ago
- Barnama
FBM KLCI Futures To Trade Within Narrow Range Next Week On Cautious Sentiment
WORLD By Harizah Hanim Mohamed KUALA LUMPUR, July 26 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade within a narrow range next week, tracking the underlying cash market. Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said the resistance level is located at 1,540 and the support at 1,520, with the FBM KLCI is likely to remain range-bound between 1,510 and 1,540 in the coming week. 'Over the past few weeks, the benchmark index has repeatedly tested and hovered around the 1,530 without making a clear breakout. The ongoing sideways movement since June, coupled with thinning volume, signals cautious investor sentiment,' he told Bernama. On a weekly basis, the spot month July 2025 and August 2025 contracts gained four points each to 1,531.5 and 1,528.5, respectively. September 2025 added 5.5 points to 1,509.5, while December 2025 inched up 3.5 points to 1,511.5. Turnover for the week improved to 28,103 lots from 25,123 lots in the previous week, while open interest jumped to 48,755 contracts from 38,963 contracts previously. The FBM KLCI ended the week better, advancing 7.90 points to 1,533.76 from 1,525.86 in the previous week. -- BERNAMA
Barnama
15 hours ago
- Barnama
Tariff Uncertainty To Weigh On Bursa Malaysia Next Week
WORLD By Harizah Hanim Mohamed KUALA LUMPUR, July 26 (Bernama) -- The risk of higher United States (US) tariffs on Malaysia as the Aug 1 deadline draws near is likely to weigh on Bursa Malaysia next week, although domestically-oriented counters are expected to remain relatively resilient, supported by firm internal demand and fiscal tailwinds. UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan said volatility is expected to intensify as markets approach a critical inflection point in global trade policy. 'Domestically-oriented counters on Bursa Malaysia are likely to remain relatively resilient. However, export-driven sectors may continue to face pressure in the absence of a favourable resolution to the tariff negotiations,' he told Bernama. He noted that no formal announcement has been made on the revised US tariff schedule for Malaysia. 'Should Malaysia succeed in securing a rate below the symbolic 20 per cent threshold, we anticipate renewed investor interest, particularly in the manufacturing and electrical and electronics sectors. Until then, most investors are expected to adopt a wait-and-see approach, prioritising capital preservation over risk-taking,' he said. Regionally, market focus is shifting towards renewed US–China trade diplomacy as Chinese Vice Premier He Lifeng is set to lead high-level negotiations in Sweden from July 27–30, ahead of the expiry of the 90-day tariff suspension on Aug 12. 'The outcome will be instrumental in shaping regional trade sentiment and broader market tone heading into August,' Mohd Sedek said. Globally, investor attention remains fixed on a packed US macroeconomic calendar, particularly with the upcoming the Federal Open Market Committee meeting on July 30, the June Personal Consumption Expenditure inflation print and July non-farm payrolls, which will provide important policy signals.
