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 ...
KUALA LUMPUR (June 7): The FBM KLCI rose 8.68 points or 0.5% as Asian shares took cue from US equities' overnight rise. At 5pm, the KLCI closed at 1,785.81 points after climbing to its intraday high at 1,801.42 points.
At 5pm today, the KLCI extended its gain after rising 21.99 points yesterday. Today, the KLCI closed higher partly on gains in KLCI-linked banking stocks like Malayan Banking Bhd, (Maybank) CIMB Group Holdings Bhd and RHB Bank Bhd.
Malacca Securities Sdn Bhd senior analyst Kenneth Leong told theedgemarkets.com over telephone "the gain in the Malaysian stock market is in line with the overnight gain at Wall Street".
Across Bursa Malaysia today, 4.06 billion shares worth RM3.25 billion were traded. Top gainers included Maybank, the shares of which, rose 28 sen to RM9.87. Notable gainers included KLCI-linked stocks Petronas Dagangan Bhd and Telekom Malaysia Bhd.
Major Asian stock markets rose. Japan’s Nikkei 225 was 0.87% higher while Hong Kong’s Hang Seng rose 0.81%. Overnight in the US, the Dow Jones Industrial Average climbed 1.4%, the S&P 500 rose 0.86% while the Nasdaq was 0.67% higher.
Reuters reported that Wall Street indexes rallied on Wednesday with help from financial stocks as investors eyed strong economic data and trade war fears took a back seat while the Nasdaq registered its third straight record closing high.
Source: The Edge

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