Bursa Malaysia Closes Lower Amid Mild Profit-Taking

Kuala lumpur: Bursa Malaysia concluded the trading session marginally lower on Tuesday as investors engaged in mild profit-taking, following a recent rebound in the local market. This trend was in line with softer performances observed across regional markets.

According to BERNAMA News Agency, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased by 0.60 of a point, closing at 1,682.93, slightly down from Monday's close of 1,683.53. The benchmark index opened at 1,683.42, a drop of 0.11 of a point, and fluctuated between 1,676.94 and 1,684.19 throughout the trading session. The market saw a negative breadth, with 577 losers outpacing 410 gainers. Meanwhile, 573 counters remained unchanged, 1,091 were untraded, and 12 were suspended.

Turnover increased marginally to 2.69 billion units valued at RM2.06 billion, compared to Monday's 2.68 billion units valued at RM1.69 billion. Mohd Sedek Jantan, director of investment strategy and country economist at IPPFA Sdn Bhd, noted that market sentiment remained cautious despite positive cues from Wall Street overnight. He suggested that the day's decline was part of a normal consolidation process rather than a sentiment reversal.

Heavyweight stocks showed mixed results, with Maybank slipping two sen to RM10.92, CIMB losing one sen to RM7.60, and Public Bank and Tenaga Nasional remaining flat at RM4.91 and RM14.30, respectively. IHH Healthcare, however, gained five sen to RM8.38. Among the most active stocks, RNG Tech remained unchanged at 13 sen, while Zetrix AI and Tanco each inched down by half a sen to 75.5 sen and 18 sen, respectively. Asdion decreased by 1.5 sen to half a sen, while Efficient E-Solutions increased by 1.5 sen to 11.5 sen.

Top gainers included Fraser and Neave, which rose by 56 sen to RM29.66, Batu Kawan added 32 sen to RM21.50, Petronas Gas climbed 30 sen to RM17.80, United Plantations advanced 24 sen to RM33.74, and Hong Leong Bank increased by 16 sen to RM21.96. Conversely, Allianz Malaysia fell by 50 sen to RM20.60, Dutch Lady Milk dropped 40 sen to RM32, Vitrox trimmed 15 sen to RM7.48, PPB slipped 14 sen to RM9.36, and ITMax shed 12 sen to RM4.76.

The index board reflected a decline with the FBM Emas Index sliding 9.93 points to 12,462.79, the FBMT 100 Index falling 8.73 points to 12,292.91, the FBM Emas Shariah Index declining 3.27 points to 12,284.35, the FBM ACE Index decreasing 18.72 points to 4,874.15, and the FBM 70 Index dipping 31.04 points to 17,774.60.

Sector-wise, the Energy Index gained 1.84 points to 761.33, and the Plantation Index advanced 34.09 points to 9,041.88. However, the Financial Services Index shed 6.46 points to 19,927.96, and the Industrial Products and Services Index eased 0.16 of a point to 181.20. The Main Market volume rose to 1.20 billion units valued at RM1.76 billion, up from 1.06 billion units valued at RM1.36 billion on Monday. Warrants turnover dropped to 940.84 billion units worth RM136.91 million, compared to the previous 1.04 billion units worth RM141.68 million.

The ACE Market volume declined to 552.24 million units valued at RM156.24 million, down from 571.10 million units valued at RM193.68 million yesterday. Various sectors contributed to the Main Market trading, including consumer products and services with 201.43 million shares, industrial products and services with 230.47 million, and technology with 218.11 million.

Bursa Malaysia also announced that trading in the shares of Enest Group Bhd would be suspended effective 9 am on Friday, July 10, 2026. Enest's entire issued shares will be removed from the LEAP Market effective 9 am on Wednesday, July 15, 2026, to facilitate its transfer to the ACE Market.