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  • Bursa Malaysia Climbs to 1,635 as Financial Counters Lead Early Trade

    Bursa Malaysia Climbs to 1,635 as Financial Counters Lead Early Trade

    Bursa Malaysia opened higher on Monday as the benchmark FTSE Bursa Malaysia KLCI gained 5.01 points to reach 1,635.88 within the first ten minutes of trade.

    The 0.31 per cent advance built on the previous Friday’s close of 1,630.87, aided by softer United States payroll figures that dampened expectations of immediate monetary tightening by the Federal Reserve.

    Trading across the Kuala Lumpur exchange showed broad participation in the opening hour. Advancing stocks outnumbered decliners 224 to 158, while 337 counters remained unchanged, 2,054 went untraded and 24 faced suspension.

    Banking and energy counters advance

    Lenders provided the primary push for the index. Malayan Banking, Public Bank, and CIMB each climbed four sen to RM10.06, RM4.70, and RM7.69 respectively, driving the Financial Services Index up 97.59 points to 19,138.10.

    Utility giant Tenaga Nasional also added four sen to trade at RM13.00. Energy stocks followed suit, pushing the sector index up 2.57 points to 835.60, while the Plantation Index gained 2.23 points to 9,058.78.

    Healthcare provider IHH Healthcare moved against the upward trend, shedding six sen to RM7.74.

    Trading volume and market breadth

    Total market turnover reached 206.30 million shares valued at RM98.78 million during early exchanges. Technology and manufacturing counters saw heavy volumes among retail and institutional accounts.

    VS Industry gained three sen to 32 sen, while Notion VTec added four sen to 74.5 sen. GB Bond rose half a sen to 23.5 sen, SFP Tech picked up one sen to 28.5 sen, and Dagang NeXchange traded unchanged at 51.5 sen.

    Renewable energy and industrial engineering names led percentage gains. Samaiden climbed 19 sen to RM3.03, UWC gained 16 sen to RM7.73, Critical Holdings rose 15 sen to RM2.61, Mi Technovation added nine sen to RM5.30, and Solarvest advanced eight sen to RM4.25.

    Regional pressures and bond yields

    External macroeconomic indicators continue to dictate capital flows across Southeast Asian bourses. Rakuten Trade equity research head Thong Pak Leng noted that elevated benchmark borrowing costs and commodities keep local sentiment selective.

    Brent crude traded at US$102.25 per barrel while the US 10-year Treasury yield held at 5.28 per cent, maintaining pressure on emerging market valuations. In Hong Kong, the Hang Seng Index slipped below the 24,000 threshold as selling hit technology and financial listings.

    For consumer brands and industrial suppliers across Malaysia, higher bond yields and fuel costs present direct friction against corporate margins and transport overheads. Investors are filtering allocations toward cash-generative banking and energy plays while trimming positions in high-multiple consumer staples.

    Consumer decliners and index levels

    Consumer bellwether Nestle recorded the sharpest decline of the morning, dropping 32 sen to RM89.20. Industrial and tech decliners included Vitrox, down 14 sen to RM10.32, Kobay Technology, losing 12 sen to RM2.18, and Kelington, shedding five sen to RM8.58.

    Secondary indices tracked the main board higher. The FBM Mid 70 Index rose 28.14 points to 17,510.07, the FBM Emas Index added 33.81 points to 12,204.38, and the FBM ACE Index climbed 31.41 points to 5,560.87.

    Rakuten Trade projects the FBM KLCI to fluctuate between 1,625 and 1,635 points through the remainder of the session as bargain hunters test resistance levels.

  • Bursa Malaysia Opens Higher Before Trimming Gains to 1,666.81

    Bursa Malaysia Opens Higher Before Trimming Gains to 1,666.81

    Bursa Malaysia opened higher on Tuesday morning before trimming its advance, with the benchmark index easing 0.13 of a point to 1,666.81 at 9.10am.

    Trading volume reached 314.78 million shares valued at RM148.07 million, supported by selective bargain hunting across consumer, plantation, and financial counters.

    Market breadth stayed positive across the wider exchange in early trade. Advancers led decliners 265 to 150, while 294 counters were unchanged, 2,164 remained untraded, and 11 stayed suspended.

    Consumer and Energy Heavyweights Drive Divergent Moves

    Consumer goods companies posted sharp split movements during the morning session. Food and beverage manufacturer Fraser & Neave led the gainers board, rising 50 sen to RM23.10.

    Packaged food giant Nestle Malaysia moved in the opposite direction, dropping 48 sen to RM89.22. That drop positioned the food manufacturer among the session’s steepest decliners alongside insurer Allianz Malaysia, which fell 20 sen to RM21.10.

    Downstream fuel retailer Petron Malaysia advanced 21 sen to RM4.00, buoyed by shifting sentiment as easing tensions in West Asia pushed Brent crude oil prices lower. Semiconductor and technology equipment makers also found support, with Malaysian Pacific Industries adding 18 sen to RM42.98, while Pentamaster and MI Technovation each rose 16 sen to RM5.56 and RM5.82.

    Banking Stocks Draw Morning Capital

    Lenders provided steady support to the benchmark index as capital rotated into dividend-yielding financial counters. Malayan Banking added two sen to RM10.40, and CIMB Group rose four sen to RM7.69. Public Bank moved lower by one sen to RM4.78.

    Utility provider Tenaga Nasional shed 10 sen to RM12.94, while private hospital operator IHH Healthcare traded unchanged at RM7.62.

    Aviation and penny stocks dominated early trading activity. AirAsia rose two sen to 55 sen, building active retail turnover. Building materials firm BMS gained 1.5 sen to 15 sen, and Kinergy Advancement added half a sen to 40.5 sen. Artificial intelligence plays AIMAX and Zetrix AI traded flat at one sen and 20 sen, respectively.

    Valuations and Sector Rotations

    Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng noted that the domestic equity market presented attractive entry levels following softer trading last week. “Market valuation remains decent, currently at below the 16.5 times price-to-earnings average,” Thong said.

    Institutional and retail flows have increasingly concentrated on domestic-facing cash generators. For retail operators and consumer goods suppliers, pricing discipline and raw ingredient costs continue to dictate corporate margins on the ground, creating clear performance gaps between diversified beverage producers and legacy packaged food manufacturers.

    Plantation operators saw mixed pricing in morning trade. United Plantations fell 12 sen to RM33.30 despite modest underlying gains across the broader agricultural sector. Sunway Healthcare retreated nine sen to RM2.20.

    Mid-Cap and Shariah Gauge Gains

    Broader market indices traded in positive territory despite the slight retreat on the headline composite gauge. The FBM Mid 70 Index climbed 51.93 points to 17,741.07, and the FBM ACE Index rose 19.87 points to 5,336.30.

    The FBM Emas Index gained 12.17 points to 12,410.78, while the FBM Top 100 Index added 8.48 points to 12,198.93. The FBM Emas Shariah Index advanced 8.07 points to 12,244.83.

    Sector-specific indices tracked upward across the board. The Financial Services Index gained 25.65 points to 19,517.12, the Energy Index picked up 2.14 points to 847.57, the Plantation Index added 1.10 points to 9,411.59, and the Industrial Products and Services Index rose 0.69 of a point to 184.19.

    Market participants are tracking whether the benchmark composite index holds within its expected range between 1,665 and 1,680 points as institutional volume builds through the trading week.