logo
#

Latest news with #FBMShariahIndex

KLCI Slips At Midday While Mid-Caps Muscle Ahead
KLCI Slips At Midday While Mid-Caps Muscle Ahead

BusinessToday

time4 days ago

  • Business
  • BusinessToday

KLCI Slips At Midday While Mid-Caps Muscle Ahead

Bursa Malaysia closed the morning session on Tuesday with mixed performance across key indices, as the benchmark FBM KLCI slipped 2.74 points to 1,527.40 at 12.30pm, weighed down by selected heavyweights despite gains in broader market segments. The FBM 70 outperformed with a 0.43% gain or 71.76 points to 16,609.66, while the FBM Shariah Index added 26.62 points to 11,459.06. The broader FBM EMAS Index saw a marginal rise of 0.05 points to 11,468.19, and the FTSE4Good Bursa Malaysia Index eased slightly by 0.24 points to 927.31. Market sentiment was buoyed by persistent interest in small and mid-cap counters, evident in the most actively traded stocks. PMCC Group topped the list with over 1.3 billion shares traded, rising half a sen to 22.5 sen. NEXG climbed 1 sen to 44.5 sen with over 500 million shares changing hands, while MRCB surged 4 sen to 54.5 sen amid brisk trading. Zetrix, however, edged down 0.5 sen to 96.5 sen despite active trading, while Tanco gained 0.5 sen to 89.5 sen. Investor focus remained on global macroeconomic cues and regional developments, with the upcoming US inflation data and continued geopolitical tensions weighing on risk appetite. At the same time, Malaysia's domestic corporate updates and government-led digitalisation efforts have kept retail interest alive in technology and construction-related counters. Overall, sentiment appeared cautious ahead of fresh catalysts, with investors taking a wait-and-see approach in the lead-up to earnings season and regional monetary policy cues. Related

Bursa Opens Higher As KLCI Gains Ground Amid Broad-Based Optimism
Bursa Opens Higher As KLCI Gains Ground Amid Broad-Based Optimism

BusinessToday

time11-06-2025

  • Business
  • BusinessToday

Bursa Opens Higher As KLCI Gains Ground Amid Broad-Based Optimism

Bursa Malaysia started the day on a positive note, with the benchmark FBM KLCI advancing 6.93 points or 0.46% to 1,523.88 as at 9.06 am, tracking gains across regional bourses and renewed investor confidence. Broader market indices also opened in the green. The FBM 70 rose 35.14 points to 16,521.80, the FBM Emas climbed 40.00 points to 11,434.12, while the FBM Shariah Index gained 32.95 points to 11,402.17. The FTSE4Good Bursa Malaysia Index (F4GBM) added 3.66 points to 923.21. Among the most active stocks, Mpire Global Bhd topped the list, rising 0.5 sen to 12 sen with 65.7 million shares traded. Benalec Holdings Bhd followed closely, gaining 1 sen to 9.5 sen on a volume of 59.1 million shares. KNM Group Bhd remained unchanged at 3 sen with 26.7 million shares transacted. CTOS Digital Bhd slipped 2 sen to 96 sen, while Bina Puri Holdings Bhd stayed flat at 26 sen. The upbeat market sentiment came as investors digested a mix of local corporate news and global cues, including progress in US-China trade discussions and anticipation of key economic data from major economies. Related

Bursa Opens Flat As FBMKLCI Inches Down 0.02% To 1,518.75
Bursa Opens Flat As FBMKLCI Inches Down 0.02% To 1,518.75

BusinessToday

time30-05-2025

  • Business
  • BusinessToday

Bursa Opens Flat As FBMKLCI Inches Down 0.02% To 1,518.75

Bursa Malaysia opened on a subdued note this morning, with the FBM KLCI slipping 0.23 points or 0.02% to 1,518.75 as at 9.05 am. Broader indices also trended lower, with the FBM 70 shedding 88.90 points (-0.54%) to 16,243.41, and the FBM EMAS falling 18.10 points (-0.16%) to 11,364.23. The FBM Shariah Index declined 29.02 points (-0.26%) to 11,336.81, while the FTSE4Good Bursa Malaysia Index (F4GBM) dipped 1.23 points to 915.89. Among the most active stocks, Velesto remained unchanged at RM0.185 with over 144 million shares traded, while Natgate rose 6 sen to RM1.500 with 74.8 million shares changing hands. SMTrack, Tawin, and DNex saw active interest but remained flat or edged slightly lower. The cautious start comes amid mixed regional sentiment, as investors await fresh cues on global inflation and interest rate direction. Related

Bursa Slips At Midday As Caution Tempers Trade
Bursa Slips At Midday As Caution Tempers Trade

BusinessToday

time30-05-2025

  • Business
  • BusinessToday

Bursa Slips At Midday As Caution Tempers Trade

Bursa Malaysia edged lower at midday on Thursday, weighed down by broad-based selling across major indices, with investor sentiment appearing cautious ahead of month-end positioning. The benchmark FBM KLCI slipped 1.30 points to 1,517.68 as at 12:35pm, having moved between a high of 1,522.06 and a low of 1,513.42 during the morning session. The index's marginal 0.09% decline reflected a muted trading tone despite recent upward momentum in regional peers. Broader market indices also saw notable losses. The FBM 70 fell sharply by 136.93 points or 0.84% to 16,195.38, while the FBM Emas shed 35.92 points or 0.32% to 11,346.41. The FBM Shariah Index declined 55.84 points or 0.49% to 11,309.99. The FTSE4Good Bursa Malaysia Index (F4GBM), which tracks ESG-compliant companies, was down 2.14 points or 0.23% at 914.98. Trading remained rangebound, with investors possibly sidelining ahead of key economic data releases and external developments. Related

Bursa Malaysia Ends Lower As FBM KLCI Slips 7.27 Points
Bursa Malaysia Ends Lower As FBM KLCI Slips 7.27 Points

BusinessToday

time20-05-2025

  • Business
  • BusinessToday

Bursa Malaysia Ends Lower As FBM KLCI Slips 7.27 Points

Bursa Malaysia closed lower on Monday, with the benchmark FBM KLCI retreating 7.27 points or 0.47% to settle at 1,548.87 amid profit-taking activities. The index, which traded between 1,561.10 and 1,545.77 throughout the session, marked a cautious start to the week after recent gains. Broad market sentiment was mixed. The FBM 70 Index bucked the trend, gaining 27.66 points or 0.17% to end at 16,413.37. Meanwhile, the FBM Emas dipped 26.43 points (-0.23%) to 11,566.91, the F4GBM fell 2.68 points (-0.29%) to 932.92, and the FBM Shariah Index declined 25.11 points (-0.22%) to 11,462.88. Among the most actively traded counters were Velesto (flat at RM0.165 with 684.9 million shares traded), People's Food Holdings (+RM0.015 to RM0.265), Tanco (+RM0.015 to RM0.955), MYEG (unchanged at RM0.895), and Nextgreen Global (flat at RM0.380). Investors appeared to stay on the sidelines ahead of key economic data and global market cues. Related

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store