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The Star
26-06-2025
- Business
- The Star
Bursa Malaysia ends firmer on improved sentiment
KUALA LUMPUR: Bursa Malaysia ended the shortened trading week on a positive note with the key index rising 0.55 per cent on continued bargain hunting amid improved market sentiment, an analyst said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 8.37 points to close at its intraday high of 1,528.16 from Wednesday's close of 1,519.79. The FBM KLCI, which opened 0.45 of-a-point higher at its intraday low of 1,520.24, trended upward throughout the morning session and gained further during the late trading hours. The broader market was positive with 509 gainers outnumbering 409 decliners, while 492 counters were unchanged, 1,028 untraded and 102 suspended. Turnover narrowed to 2.90 billion units worth RM2.23 billion against 3.15 billion units worth RM2.27 billion on Wednesday. Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said key regional markets ended mixed, as investors weighed hopes for lasting peace in the Middle East against concerns over the approaching US tariff deadline. Back home, he said the benchmark index is showing encouraging signs as it begins to catch up with its regional peers after a period of underperformance. "Renewed buying interest and improved sentiment are helping to narrow the gap, signalling a potential shift toward a more constructive outlook for the local market. "This catch-up rally reflects growing investor confidence and suggests that the index may continue to gain momentum in the near term," he told Bernama. Among the heavyweights, Maybank, Tenaga Nasional, and IHH Healthcare rose two sen each to RM9.81, RM14.26 and RM6.72 respectively, Public Bank put on four sen to RM4.34, and CIMB advanced three sen to RM6.80. As for the most active stocks, Tanco was flat at 93 sen, Reservoir Link was down two sen to 20.5 sen, Green Ocean trimmed 2.5 sen to nine sen, SNS Network fell 1.5 sen to 54.4 sen, while YTL Corp rose 13 sen to RM2.27, and YTL Power soared 20 sen to RM3.90. On the index board, the FBM Emas Index climbed 52.24 points to 11,398.80, the FBMT 100 Index garnered 52.96 points to 11,181.36, and the FBM Emas Shariah Index rose 39.35 points to 11,341.13. The FBM 70 Index increased 40.56 points to 16,270.66 and the FBM ACE Index ticked up 15.79 points to 4,474.76. By sector, the Financial Services Index gained 74.10 points to 17,737.10, the Industrial Products and Services Index edged up 1.77 points to 151.98, the Plantation Index surged 98.83 points to 7,329.02, and the Energy Index added 4.57 points to 732.68. The Main Market volume decreased to 1.30 billion units worth RM1.95 billion against 1.34 billion units valued RM1.96 billion on Wednesday. Warrants turnover declined to 1.26 billion units valued at RM169.56 million from 1.48 billion units worth RM193.88 million previously. The ACE Market volume expanded to 334.31 million units valued at RM106.81 million versus 332.13 million units valued at RM111.47 million yesterday. Consumer products and services counters accounted for 257.09 million shares traded on the Main Market, industrial products and services (224.37 million), construction (68.65 million), technology (159.00 million), SPAC (nil), financial services (67.12 million), property (147.73 million), plantation (18.69 million), REITs (21.77 million), closed end fund (4,000), energy (138.74 million), healthcare (58.45 million), telecommunications and media (46.02 million), transportation and logistics (18.96 million), utilities (76.56 million), and business trusts (60,600). Meanwhile, Bursa Malaysia and its subsidiaries will be closed tomorrow, June 27, in conjunction with Awal Muharram public holiday, and will resume operations on Monday, June 30, 2025. - Bernama
Focus Malaysia
26-06-2025
- Business
- Focus Malaysia
Bursa Malaysia ends firmer on improved sentiment
BURSA Malaysia ended the shortened trading week on a positive note with the key index rising 0.55% on continued bargain hunting amid improved market sentiment, an analyst said. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 8.37 points to close at its intraday high of 1,528.16 from Wednesday's close of 1,519.79. The FBM KLCI, which opened 0.45 of-a-point higher at its intraday low of 1,520.24, trended upward throughout the morning session and gained further during the late trading hours. The broader market was positive with 509 gainers outnumbering 409 decliners, while 492 counters were unchanged, 1,028 untraded and 102 suspended. Turnover narrowed to 2.90 billion units worth RM2.23 bil against 3.15 billion units worth RM2.27 bil on Wednesday. – June 26, 2025
The Star
25-06-2025
- Business
- The Star
Bursa Malaysia ends higher on regional gains, Middle East optimism
KUALA LUMPUR: Bursa Malaysia ended on a positive note today with the key index rising 0.36 per cent amid renewed optimism across the board, tracking advancers in key regional markets following encouraging developments in the Middle East, an analyst said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 5.50 points to 1,519.79 from Tuesday's close of 1,514.29. The FBM KLCI opened 4.38 points firmer at 1,518.67, climbed to an intraday high of 1,524.71 during the mid-morning session, but pared its gains to hit a low of 1,515.86 in the late afternoon session. The broader market was positive with 577 gainers outnumbering 389 decliners, while 480 counters were unchanged, 997 untraded and 25 suspended. Turnover improved to 3.15 billion units worth RM2.27 billion from 2.53 billion units worth RM2.04 billion recorded on Tuesday. Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said key regional markets ended higher after Iran and Israel reached a ceasefire, boosting investor sentiment and risk appetite. "Domestically, we view the Israel-Iran ceasefire as positive for market sentiment, as eased geopolitical tensions contribute to a more stable global environment. "We remain hopeful that peace negotiations will progress, and expect the FBM KLCI to trend between 1,520 and 1,530 towards the weekend," he told Bernama. Meanwhile, UOB Kay Hian Wealth Advisors Sdn Bhd's head of investment research Mohd Sedek Jantan highlighted that the increase in trading volume signals a return of broader market participation. "This level of activity, combined with sectoral breadth, suggests improving investor engagement following weeks of cautious trading. "While we maintain a cautiously constructive outlook, volatility is expected to remain a defining feature of the market in the coming months," he added. Among the heavyweights, Maybank and Public Bank eased one sen to RM9.79 and RM4.30 respectively, Tenaga Nasional fell two sen to RM14.24, while CIMB was unchanged at RM6.77, and IHH Healthcare increased 11 sen to RM6.70. Among the most active stocks, Reservoir Link trimmed 8.5 sen to 22.5 sen, Tanco shed one sen to 93 sen, while MYEG put on 1.5 sen to 93.5 sen, NationGate garnered eight sen to RM1.62, and NexG was flat at 35.5 sen. On the index board, the FBM Emas Index increased 58.53 points to 11,346.56, the FBMT 100 Index climbed 56.08 points to 11,128.40, and the FBM Emas Shariah Index rose 77.63 points to 11,301.78. The FBM 70 Index garnered 151.12 points to 16,230.10 and the FBM ACE Index rose 41.26 points to 4,458.97. By sector, the Financial Services Index slipped 15.47 points to 17,663.00, the Industrial Products and Services Index added 1.24 points to 150.21, the Plantation Index perked up 1.16 points to 7,230.19, and the Energy Index ticked up 0.22 of-a-point to 728.11. The Main Market volume was slightly higher at 1.34 billion units worth RM1.96 billion against 1.33 billion units valued at RM1.83 billion on Tuesday. Warrants turnover surged to 1.48 billion units worth RM193.88 million from 962.11 million units worth RM125.76 million previously. The ACE Market volume swelled to 332.13 million units valued at RM111.47 million versus 241.75 million units valued at RM88.63 million yesterday. Consumer products and services counters accounted for 215.78 million shares traded on the Main Market, industrial products and services (238.68 million), construction (89.11 million), technology (178.84 million), SPAC (nil), financial services (66.04 million), property (137.47 million), plantation (19.05 million), REITs (31.49 million), closed end fund (4,000), energy (162.17 million), healthcare (78.26 million), telecommunications and media (53.71 million), transportation and logistics (196.23 million), utilities (49.48 million), and business trusts (13,700). - Bernama
Focus Malaysia
25-06-2025
- Business
- Focus Malaysia
Bursa Malaysia ends higher on regional gains, middle east optimism
BURSA Malaysia ended on a positive note today with the key index rising 0.36 per cent amid renewed optimism across the board, tracking advancers in key regional markets following encouraging developments in the Middle East, an analyst said. At 5 pm, the FBM KLCI rose 5.50 points to 1,519.79 from Tuesday's close of 1,514.29. The FBM KLCI opened 4.38 points firmer at 1,518.67, climbed to an intraday high of 1,524.71 during the mid-morning session, but pared its gains to hit a low of 1,515.86 in the late afternoon session. The broader market was positive with 577 gainers outnumbering 389 decliners, while 480 counters were unchanged, 997 untraded and 25 suspended. Turnover improved to 3.15 bil units worth RM2.27 bil from 2.53 bil units worth RM2.04 bil recorded on Tuesday. —June 25, 2025
New Straits Times
25-06-2025
- Business
- New Straits Times
Bursa Malaysia ends firmer after clearer US policy, easing geopolitical concerns
KUALA LUMPUR: Bursa Malaysia closed higher, lifted by renewed optimism driven by clearer US monetary policy signals, easing geopolitical concerns and selective foreign fund inflows. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) closed 0.36 per cent or 5.5 points higher at 1,519.79 from Tuesday's close of 1,514.29. The benchmark index opened 4.38 points firmer at 1,518.67. The broader market was positive with gainers outpacing losers 577 to 389, while 580 counters were unchanged, 972 untraded and 41 suspended. Turnover stood at 3.1 billion units worth RM2.27 billion compared with Tuesday's 2.53 billion units valued at RM2.04 billion. UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan said the FBM KLCI extended yesterday's gains and putting the index on course for a strong weekly performance. Although the index dipped slightly after the lunch break, he said it remained in positive territory, marking one of the more constructive trading sessions over the past fortnight, with renewed optimism lifting both sentiment and sectoral breadth. "Importantly, trading volume today rose to 3.15 billion shares, signalling a return of broader market participation. "This level of activity, combined with sectoral breadth, suggests improving investor engagement following weeks of cautious trading," he added. Sedek said the clarity from US Federal Reserve is the key driver behind today's positive market response after its chair Jerome Powell confirmed that interest rate cuts are effectively off the table until at least September. "With a clearer outlook for monetary easing later in the year, sentiment has improved across equities generally and particularly in sectors sensitive to borrowing costs and long-duration valuations. "The FBM KLCI's strength today reflects this repricing, with both blue-chip counters and broader sectoral indices responding favourably," he added. Sedek said today's rebound reflects a confluence of supportive factors, namely clearer Fed communication, easing geopolitical tensions, renewed foreign inflows, broad-based sector participation and a notable pickup in trading activity, with volume reaching 3.15 billion shares. "While we maintain a cautiously constructive outlook, we continue to expect volatility to remain a defining feature of the market in the months ahead," he said.
