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

BusinessToday

time09-07-2025

  • 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

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