Post by : Rameen Ariff

Bursa Malaysia started Tuesday’s trading session on a positive note, continuing the gains recorded from Monday. Analysts said this upward trend was largely driven by ongoing local institutional buying and stock accumulation, which helped lift investor confidence.

At 9.05 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) edged up 1.31 points to 1,586.90, rising from Monday’s close of 1,585.59. The index had opened slightly firmer at 1,586.98, signaling a steady start to the day for Malaysia’s key stock market.

Market participants noted that the market breadth was positive. A total of 146 stocks gained, surpassing 88 decliners. Trading activity remained healthy, with approximately 65.82 million shares worth RM40.74 million changing hands, highlighting active engagement from investors.

Performance of Key Stocks

Among the heavyweights, Maybank continued its upward trend, rising four sen to RM10.04. Public Bank also saw a slight increase, gaining one sen to RM4.29. Tenaga Nasional, IHH Healthcare, and Press Metal remained steady at RM13.32, RM6.92, and RM5.55, respectively. CIMB, however, slipped three sen to RM7.24.

In terms of active trading, Pharmaniaga added half a sen to 20 sen, while MRCB climbed two sen to 49 sen. Scientex-WA gained half a sen to 8.5 sen, and Dagang Nexchange remained unchanged at 24 sen.

Top gainers of the day included Nestle, which rose 60 sen to RM94.60, reflecting strong investor interest. Hong Leong Bank increased 18 sen to RM20.26, while Paragon Union advanced 12 sen to RM2.88. Both Teck Guan and Country View rose eight sen to RM2.00 and RM2.23, respectively.

Broader Market and Sector Movements

On the broader market front, key indices showed a positive performance. The FBM Emas Index climbed 14.76 points to 11,776.78, while the FBMT 100 Index rose 10.67 points to 11,537.91. The FBM Emas Shariah Index gained 7.70 points to 11,743.25.

The FBM 70 Index saw an increase of 20.30 points to 16,467.75, and the FBM ACE Index rose 4.77 points to 4,764.19, reflecting positive momentum across small and mid-cap stocks.

By sector, the Industrial Products and Services Index edged up 0.23 points to 164.98, while the Plantation Index advanced 18.67 points to 7,655.03. The Financial Services Index rose 41.47 points to 18,167.53, signaling strength in banking and finance-related stocks. Conversely, the Energy Index slipped slightly by 2.19 points to 738.13, indicating some profit-taking among energy-related shares.

Market Outlook

Market experts commented that the positive start on Tuesday reflects investor optimism fueled by local institutional support. Analysts also noted that while certain sectors like energy showed minor declines, broader market sentiment remains upbeat. Investors are expected to watch upcoming corporate earnings and global market cues closely, which could influence trading sentiment in the coming days.

Overall, Bursa Malaysia demonstrated resilience in Tuesday’s session, with active participation from investors and steady gains across key sectors. The market’s early positive performance signals optimism and a cautious yet confident approach among Malaysian investors.

As trading continues, the focus will remain on institutional moves, sector performances, and potential global market impacts. Investors are advised to monitor stock fundamentals, corporate announcements, and economic indicators to make informed decisions.