Malaysia’s benchmark index retreated as profit-taking in key heavyweights weighed on sentiment, while overall market activity remained active. Summary FBM KLCI fell 0.83% to 1,684.93 , dragged by losses in banking and selected large-cap names, despite steady trading participation. Market Performance FBM KLCI : 1,684.93 (-0.83%) FBM Mid 70: -0.00% (flat) FBM Small Cap: -0.23% FBM ACE: +0.20% Broad market was mixed , with weakness concentrated in large caps. Market Breadth & Trading Activity Total volume: 3.54 billion shares Total value: RM4.19 billion Gainers: 456 Losers: 678 Unchanged: 550 Market breadth turned negative , reflecting cautious sentiment. Top Movers – KLCI Gainers Axiata (6888.MY) +1.54% Petronas Gas (6033.MY) +1.18% Sunway (5211.MY) +1.15% Losers Hong Leong Bank (5819.MY) -3.29% Maybank (1155.MY) -3.02% CIMB (1023.MY) -2.47% Banking sector weakness was the main ...
The FBM KLCI index gained 4.13 points or 0.25% on Monday.
The Finance Index increased 0.42% to 14149.89 points, the Properties Index up 0.27% to 1194.87 points and the Plantation Index rose 0.38% to 7458.45 points.
The market traded within a range of 7.37 points between an intra-day high of 1675.96 and a low of 1668.59 during the session.
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| FBM KLCI gained 4.13 points |
The increase was mainly due to higher crude palm oil (CPO) prices.
Export-oriented counters such as glove counters were performing quite well today.
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| Top active for the day |
The most actively-traded counter was XOX Bhd while the leading decliner was British American Tobacco (M) Bhd.
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| The leading decliner was British American Tobacco (M) Bhd |
Bursa Malaysia's top gainer is Top Glove Corp Bhd.
Across Asia, Japan's Nikkei 225 rose 0.99%, while South Korea's Kospi closed 0.54% lower. Hong Kong's Hang Seng fell 0.15%.
Reuters reported Asian share markets turned mixed on Monday, as caution grew ahead of Chinese data, though sentiment stayed, supported by hopes the US economy would be able to handle an expected first increase in interest rates in almost a decade.
U.S. crude futures for front-month delivery fell below US$40 per barrel on Monday, after the Organization of Petroleum Exporting Countries (OPEC) failed last week to agree on output targets to reduce a bulging oil glut that has cut prices by over 60% since 2014.
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