KUALA LUMPUR, June 12 (Bernama) -- Selected blue-chip counters trading at attractive valuations helped Bursa Malaysia close higher on Friday, despite cautious market sentiment driven by developments in West Asia, volatility in crude oil prices and uncertainty over the global interest rate outlook. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose by 4.10 points or 0.24 per cent to 1,683.63 compared with Thursday's close of 1,679.53. The key index opened 5.34 points stronger at 1,684.87 earlier today and moved between 1,679.72 and 1,685.39 throughout the session. Market breadth was negative, with losers leading gainers 533 to 479, while 561 counters were unchanged, 1,130 untraded and 33 suspended. Turnover fell to 2.79 billion units worth RM2.31 billion from 3.32 billion units worth RM2.88 billion yesterday.
Despite a quiet trading day across Malaysian indices, Petronas Chemicals Group Bhd (PCHEM) made headlines with a double-digit rally, emerging as the top gainer on the FBM KLCI.
Index Performance
FBM KLCI: 1,588.21 (▼ 0.13%)
FBM 70: 16,603.46 (▼ 0.64%)
FBM Small Cap: 15,569.33 (▼ 0.21%)
FBM Emas Index: 11,782.83 (▼ 0.25%)
Key Takeaway: Major indices posted mild losses as investors stayed on the sidelines amid global macro uncertainties.
Top Gainers & Losers by Segment
FBM KLCI Movers
- Top Gainer:$PCHEM (5183.MY)$ ▲ 12.37% to RM4.180(Strong demand speculation or company-specific catalyst could be in play)
- Top Loser:$PPB (4065.MY)$ ▼ 3.04% to RM8.620
FBM 70 Movers
- Top Gainer:$LCTITAN (5284.MY)$ ▲ 9.71% to RM0.565
- Top Loser:$PMBTECH (7172.MY)$ ▼ 4.65% to RM1.230
Malaysia REITs
- Top Gainer:$IGBREIT (5227.MY)$ ▲ 3.01% to RM2.740
- Top Loser:$PAVREIT (5212.MY)$ ▼ 2.84% to RM1.710
Top-Traded Stock
- $GAMUDA (5398.MY)$ led trading volume🔻 1.40% to RM5.620Turnover: RM152.84 million
Observation: Heavy interest in GAMUDA despite the slight dip suggests continued institutional focus on infrastructure or rail-related catalysts.
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