Bursa Malaysia dips on mild profit‑taking, regional softnes

KUALA LUMPUR, July 7 — Bursa Malaysia ended marginally lower today as investors engaged in mild profit-taking following the recent rebound in the local market, in line with softer performances across regional markets.

At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.60 of a point to 1,682.93 from yesterday’s close of 1,683.53.

The benchmark index opened 0.11 of a point lower at 1,683.42 and moved between 1,676.94 and 1,684.19 throughout the session.

The market breadth was negative, with losers outpacing gainers 577 to 410, while 573 counters were unchanged, 1,091 untraded, and 12 suspended.

Turnover edged up to 2.69 billion units valued at RM2.06 billion from 2.68 billion units valued at RM1.69 billion on Monday.

IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan said market sentiment remained cautious despite positive cues from overnight Wall Street.

“Today’s decline appears to represent normal consolidation rather than a reversal of sentiment. The benchmark index continues to stabilise above its recent lows, suggesting that the short-term recovery remains intact.

“Looking ahead, the market is expected to remain supported by easing geopolitical tensions, moderating energy prices and resilient global risk appetite,” he told Bernama.

Among the heavyweights, Maybank slipped two sen to RM10.92, CIMB lost one sen to RM7.60, Public Bank and Tenaga Nasional were flat at RM4.91 and RM14.30, respectively, while IHH Healthcare gained five sen to RM8.38.

On the most active list, ACE Market debutant RNG Tech remained unchanged at 13 sen, Zetrix AI and Tanco inched down half a sen each to 75.5 sen and 18 sen, respectively, and Asdion slid 1.5 sen to half a sen, while Efficient E-Solutions inched up 1.5 sen to 11.5 sen.

Top gainers included Fraser & Neave, which garnered 56 sen to RM29.66, Batu Kawan added 32 sen to RM21.50, Petronas Gas climbed 30 sen to RM17.80, United Plantations advanced 24 sen to RM33.74, and Hong Leong Bank rose 16 sen to RM21.96.

Of the top losers, Allianz Malaysia fell 50 sen to RM20.60, Dutch Lady Milk dropped 40 sen to RM32, Vitrox trimmed 15 sen to RM7.48, PPB slipped 14 sen to RM9.36, while ITMax shed 12 sen to RM4.76. 

On the index board, the FBM Emas Index slid 9.93 points to 12,462.79, the FBMT 100 Index fell 8.73 points to 12,292.91, the FBM Emas Shariah Index declined 3.27 points to 12,284.35, the FBM ACE Index decreased 18.72 points to 4,874.15, and the FBM 70 Index dipped 31.04 points to 17,774.60.

By sector, the Energy Index put on 1.84 points to 761.33, the Plantation Index advanced 34.09 points to 9,041.88, while the Financial Services Index shed 6.46 points to 19,927.96, and the Industrial Products and Services Index eased 0.16 of a point to 181.20.

The Main Market volume rose to 1.20 billion units valued at RM1.76 billion compared with 1.06 billion units valued at RM1.36 billion on Monday.

Warrants turnover dropped to 940.84 billion units worth RM136.91 million versus 1.04 billion units worth RM141.68 million previously.

The ACE Market volume declined to 552.24 million units valued at RM156.24 million from 571.10 million units valued at RM193.68 million yesterday.

Consumer products and services counters accounted for 201.43 million shares traded on the Main Market, industrial products and services (230.47 million), construction (78.28 million), technology (218.11 million), financial services (48.44 million), property (176.76 million), plantation (26.67 million), real estate investment trusts (16.20 million), closed-end fund (1.6 million), energy (60.82 million), healthcare (70.59 million), telecommunications and media (21.02 million), transportation and logistics (25.15 million), utilities (20.24 million), and business trusts (105,200).

Meanwhile, Bursa Malaysia said trading in the shares of Enest Group Bhd will be suspended effective 9 am, Friday, July 10, 2026.

The exchange in a filing today said Enest’s entire issued shares will be removed from the LEAP Market effective 9 am Wednesday, July 15, 2026, to facilitate its transfer to the ACE Market. — Bernama