Bursa rebounds after soft open, tracking regional markets

KUALA LUMPUR: Bursa Malaysia opened slightly lower but rebounded thereafter on Tuesday, tracking the mixed performance of regional markets and overnight Wall Street.

At 9.10am, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 1.78 points, or 0.11%, to 1,624.20 from Monday’s close of 1,622.42.

The benchmark index had opened 1.20 points weaker at 1,621.22.

Market breadth, however, was negative, with decliners outpacing gainers 228 to 156, while 310 counters were unchanged, 1,953 untraded and 13 suspended.

Turnover stood at 228.39 million shares worth RM101.04 million.

Rakuten Trade Sdn Bhd vice-president of equity research, Thong Pak Leng, said Wall Street closed mixed overnight as artificial intelligence (AI)-related stocks continued to prosper.

He added that Hong Kong’s Hang Seng Index rebounded following recent trade negotiations that appeared to ease tensions between the two superpowers and improve overall investor sentiment.

“Additionally, we expect local institutions to be the main buyers and hope that foreign funds will stay a tad longer. Hence, we anticipate the FBM KLCI to trend between the 1,620 and 1,630 range today,” he noted.

Among the heavyweights, Maybank and CIMB Group advanced four sen each to RM9.99 and RM7.46, respectively. Public Bank added two sen to RM4.26, while Tenaga Nasional and IHH Healthcare were unchanged at RM13.34 and RM8.35, respectively.

On the most active list, Borneo Oil and MMAG were flat at half-a-sen and 18.5 sen, respectively. NexG eased half-a-sen to 34.5 sen, while Perak Transit gained one sen to 32 sen and Dagang Nexchange inched up half-a-sen to 33.5 sen.

Among the top gainers, Fraser & Neave surged 40 sen to RM28.32, Ajinomoto climbed 36 sen to RM13.88, Petronas Dagangan rose 16 sen to RM22.68, KLCC Properties & REITS added nine sen to RM8.79, and United Plantations gained eight sen to RM24.98.

Top losers included Nestle, which shed 90 sen to RM112.30, Batu Kawan, which slid 30 sen to RM19, Malaysian Pacific Industries, which fell 20 sen to RM30.80, Hong Leong Industries, which trimmed 16 sen to RM13.90, and Lim Seong Hai Capital, which eased nine sen to RM2.21.

On the index board, the FBMT 100 Index gained 6.73 points to 11,835.29, and the FBM Emas Index strengthened 5.44 points to 12,088.44.

The FBM Emas Shariah Index fell 10.23 points to 12,124.87, the FBM ACE Index declined 29.44 points to 5,142.33, and the FBM Mid 70 Index decreased 17.49 points to 17,008.15.

By sector, the Financial Services Index grew 69.60 points to 18,379.26, the Plantation Index dipped 20.17 points to 8,032.01, the Industrial Products and Services Index edged down 0.03 of-a-point to 172.36, and the Energy Index eased 1.13 points to 772.26.

Author:

7 thoughts on “Bursa rebounds after soft open, tracking regional markets

  1. Jeder VIP erhält einen persönlichen Kundenbetreuer, der sicherstellt,
    dass seine Erfahrungen vollständig auf ihn zugeschnitten sind und
    er keine Probleme hat. Wenn Sie Teil unseres
    VIP-Programms werden, erhalten Sie exklusive Vergünstigungen,
    die Ihr Spielvergnügen noch angenehmer und lohnender machen. Jeden Samstag können Spieler
    den “Beasty Saturday”-Bonus in Anspruch nehmen, der einen 100 %-Bonus bis zu
    200 € ohne Einsatzbedingungen bietet, wenn Sie
    den Bonuscode SATURDAY verwenden.
    Wir setzen alles daran, ein faires und sicheres Spielerlebnis zu
    gewährleisten. Die Zahlungsabwicklung bei Wolfy Casino ist sicher und schnell.
    Die Mindesteinzahlung hängt von der Methode ab.

    Ohne Wettanforderungen auf unsere Boni können Sie sich ohne
    Einschränkungen an unserer riesigen Spielauswahl erfreuen.

    References:
    https://online-spielhallen.de/umfassende-analyse-des-sugar-casino-cashback-programms/

  2. Yes, you may choose between two different welcome bonuses
    at Neospin. Before you log in, you can look through the game selection and launch the
    games in demo mode. However, some bonus offers might
    have different turnover requirements, so we advise you to always
    read the bonus terms before claiming an offer.

    Neospin Casino emphasizes responsible gambling to ensure a safe and enjoyable experience for all players.

    VIP players receive exclusive bonuses, higher withdrawal limits, and access
    to special events. One of the most popular promotions
    is the reload bonus, where players receive
    extra funds when depositing on specific days. These promotions often include reload bonuses, cashback offers, and free spins, helping to maintain excitement for regular users.

    To claim the welcome bonus, players need to make a qualifying deposit and opt-in for the offer.
    Specialty games provide casual and alternative betting options,
    catering to different player preferences.
    The casino’s architecture prioritizes speed and accessibility,
    with games loading in seconds and navigation flowing effortlessly
    between categories. With generous welcome bonuses reaching AU$1,000
    plus 100 free spins, NeoSpin solidifies its position as a top-tier choice
    for discerning Aussies. Welcome to NeoSpin casino,
    the premier destination for Australian players seeking
    electrifying entertainment in 2025. A platform created to showcase all
    of our efforts aimed at bringing the vision of a safer and more transparent online gambling industry to reality.
    If someone claims to be from Casino Guru and does that, do not share any information.We only contact players through this official complaint thread or
    via @casino.guru e-mail addresses.

    References:
    https://blackcoin.co/casino-jax-in-depth-review/

  3. This is credited with contributing to the broader Tasmanian demographic crisis
    and emigration. The advent of the automotive city and the
    1965 Hobart Area Transportation Study (which ultimately resulted
    in cuts to public transport and parts of
    the inner city being converted into parking) further made Hobart a sprawling
    city. The Housing Department focused mainly on mixing these with broad-acre suburban estates, which were sometimes expensive to service
    with adequate infrastructure. With the development of streets
    and public transport, such as a railway in 1876 and Australia’s first fully-electric tram network in 1893, further growth of the urban area was enabled.
    The distinctive shapes of the 2020 K-Block redevelopment
    of the Royal Hobart Hospital was based on the street grid and convict-made Rajah Quilt.

    Get in touch with our friendly team, we’re here to help.Whether you’re looking to book
    a table at one of our restaurants, are curious about our room With free parking and fantastic dining options close by,
    these options are walking distance from Wrest Point tower.
    The Wrest Point Tower delivers views you’ll never
    forget.
    The area is known for a mix of communities, including long-established
    Peranakan families, middle-class residents, and expatriates attracted by its charm and proximity
    to the city. Its location along key east-side thoroughfares makes it easily accessible and well connected.

    Volunteer-run • Non-profit • Community-powered
    • Supported by PA

    References:
    https://blackcoin.co/welcome-to-paradise-8-casino-au-real-money-pokies-fast-payouts/

Leave a Reply

Your email address will not be published. Required fields are marked *