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Market Daily Report: Selective Buying Of Defensive Stocks Lifts Bursa Malaysia Higher At Close

 KUALA LUMPUR, July 29 (Bernama) -- Bursa Malaysia rebounded to close higher on Wednesday on selective buying of defensive stocks after a volatile trading session. IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan said consumer products and services stocks lifted the key index higher, overcoming lingering geopolitical concerns. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 3.08 points to 1,715.56 from yesterday’s close of 1,712.48. The benchmark index, which opened 1.91 points higher at 1,714.39, moved between 1,710.79 and 1,720.59 during the day’s trading. In the broader market, gainers outstripped decliners 550 to 476, while 612 counters were unchanged, 1,129 untraded, and 48 suspended. Turnover rose to 2.96 billion units valued at RM2.48 billion from 2.94 billion units valued at RM2.56 billion on Tuesday.

Bursa Malaysia Hits RM1.9 Trillion Market Cap in 1H25, Tops Regional IPO Charts

Bursa Malaysia's total market capitalisation reached  RM1.9 trillion  in the first half of 2025, cementing its position as Southeast Asia's top IPO hub. The milestone underscores strong investor confidence and sustained retail participation. Key Highlights: Retail strength:  Average daily retail trading value held steady at  ~RM450 million , similar to pre-pandemic levels. Perak’s contribution:  Over  113,000 active retail investors  (8% of the national total). Nearly  6,000 new CDS accounts  opened in the state this year. Investor education:  Bursa flagged a surge in scams with  2,000+ cases  in Q1 2025. Financial literacy efforts, including the  Sens-Ability  programme, are being expanded. New Offerings: To attract diverse investor segments, Bursa has rolled out products like  BR Capital ,  Bursa Gold Dinar , and  MyBursa , while encouraging smarter, safer financial decisions. CEO Datuk Fad'l Mohamed ...