Kuala Lumpur: Bursa Malaysia ended the trading session with a slight decline as profit-taking activities impacted telecommunications, construction, and energy stocks.
According to BERNAMA News Agency, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell by 0.19 percent, or 2.95 points, settling at 1,539.54 compared to the previous close of 1,542.49. The market began the day at 1,541.78 and fluctuated between 1,534.52 and 1,548.95 throughout the session. The turnover was reduced to 2.34 billion units valued at RM2.08 billion, in contrast to the 2.73 billion units worth RM2.46 billion recorded last Friday.
Rakuten Trade Sdn Bhd’s equity research vice-president, Thong Pak Leng, highlighted that key regional indices experienced modest gains supported by stronger local currencies, with trading volumes remaining light due to market closures in China and Hong Kong. “Back home, we see today’s profit-taking as a constructive pause, enabling the market to digest recent gains and establish a firmer base for sustained upside. This also presents an opportunity for bargain hunters given the cheaper valuations of the benchmark index. We anticipate the FBM KLCI to trend within the range of 1,525-1,555 for the week,” Thong shared with Bernama.
Among the major stocks, 99 Speed Mart decreased by five sen to RM2.22, CelcomDigi dropped seven sen to RM3.78, Kuala Lumpur Kepong fell by 34 sen to RM19.52, Maxis slipped six sen to RM3.65, and Petronas Dagangan declined by 26 sen to RM19.24.
In active trading, ACE Market debutant West River dropped two sen to 37 sen, SFP Tech increased by 1.5 sen to 23.5 sen, Nationgate fell by five sen to RM1.47, Velesto remained stable at 15.5 sen, and MYEG decreased by two sen to 88.5 sen.
On the index board, the FBM Emas Index fell by 48.20 points to 11,441.18, the FBMT 100 Index decreased by 41.98 points to 11,215.26, and the FBM Emas Shariah Index dropped by 86.85 points to 11,303.49. The FBM 70 Index lost 142.05 points to 16,132.49, while the FBM ACE Index declined by 24.14 points to 4,625.06.
In sectoral indices, the Financial Services Index rose by 35.22 points to 18,276.17, whereas the Industrial Products and Services Index decreased by 0.50 of-a-point to 151.79. The Energy Index saw a reduction of 12.26 points to 682.71, and the Plantation Index fell by 35.15 points to 7,248.62.
Main Market volume decreased to 1.51 billion units valued at RM1.91 billion, compared to last Friday’s 1.70 billion units worth RM2.04 billion. Meanwhile, warrants turnover dropped to 373.95 billion units valued at RM22.31 million from 689.48 billion units worth RM75.64 million previously. ACE Market volume increased to 454.30 million units valued at RM139.10 million, up from 341.65 million units worth RM108.73 million on Friday.
Consumer products and services accounted for 213.85 million shares traded on the Main Market, followed by industrial products and services (227.14 million), construction (185.09 million), technology (238.31 million), and energy (171.06 million). Other sectors included financial services (53.31 million), property (206.55 million), and healthcare (60.85 million), among others.