KUALA LUMPUR, June 15 —Bursa Malaysia opened higher today, tracking overnight gains on Wall Street as investors returned to technology stocks, which continue to benefit from the ongoing artificial intelligence (AI) supercycle.
At 9.10am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 7.50 points to 1,691.13 from last week’s close of 1,683.63.
The key index had opened 6.76 points up at 1,690.39.
Market breadth was positive, with gainers leading losers 349 to 160. A total of 273 counters were unchanged, 1,915 untraded and 36 suspended.
Turnover stood at 539.66 million shares worth RM217.18 million.
Malacca Securities Sdn Bhd said in a note it expected the rebound in the technology sector and continued to favour semiconductor companies as they remain among the biggest beneficiaries of the AI supercycle.
“We believe overall investor risk appetite should remain highly elevated as Elon Musk’s SpaceX initial public offering makes its historic debut on Wall Street, closing at a US$2.1 trillion valuation on its first day of trading,” it said.
Among heavyweights, Maybank and CIMB rose 16 sen to RM10.88 and RM7.55 respectively. Public Bank added four sen to RM4.87, Tenaga Nasional increased 10 sen to RM14.52 and IHH Healthcare was up three sen to RM8.81.
Among active stocks, Hong Seng Consolidated was flat at one sen, Tanco was down five sen to 15 sen and Top Glove slid one sen to 79.5 sen. ACE Market debutant Pentech gained five sen to 25 sen, while AirAsia X was six sen firmer at RM1.26.
Among top gainers, Malaysian Pacific Industries rose RM1.28 to RM48.78, Nestle increased RM1.20 to RM96.80, Batu Kawan added 50 sen to RM20.80, Vitrox inched up 23 sen to RM7.47 and Sunway Construction accumulated 17 sen to RM7.22.
Among top losers, Paragon fell 98 sen to RM2.29, Petronas Chemicals slid 47 sen to RM4.87,Ralco decreased 29 sen to 69 sen, Concrete Engineering lost 20 sen to RM4.00 and United Plantations was down 18 sen to RM31.32.
On the index board, the FBM Emas Index gained 63.95 points to 12,538.57, while the FBM Top 100 Index perked 61.56 points to 12,377.50 and the FBM Emas Shariah Index edged up 31.92 points to 12,454.22.
The FBM Mid 70 Index jumped 118.27 points to 18,002.42, while the FBM ACE Index accumulated 43.79 points to 4,712.46.
By sector, the Financial Services Index surged 186.34 points to 19,830.70 and the Plantation Index expanded 15.95 points to 8,768.03, while the Industrial Products and Services Index shed 2.85 points to 194.08 and the Energy Index declined 9.41 points to 765.96. — Bernama
Date: 15 June, 2026 11:00 am
Source: Malay Mail
💬 Join the Conversation! 💬
We’ve disabled comments on our posts and pages to keep the discussions organized and lively! But don’t worry – the conversation isn’t over. Head over to our forum and share your thoughts, ideas, and feedback with the community! It’s the perfect place to connect, learn, and engage with others who care about the same things. We can’t wait to hear from you!