KUALA LUMPUR, June 19 — Bursa Malaysia opened lower today as mild profit-taking in key index-linked counters weighed on early trade, despite overnight gains on Wall Street.
At 9.15 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 10.77 points to 1,700.62 from Thursday’s close of 1,711.39, after opening 7.35 points lower at 1,704.04.
Market breadth was positive, with gainers outpacing losers by 215 to 193. A total of 296 counters were unchanged, 2,032 untraded and 34 suspended.
Turnover amounted to 274.46 million shares worth RM168.66 million.
Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said Wall Street rebounded as sentiment steadied following a hawkish tone from the Federal Reserve on Wednesday.
He noted that the FBM KLCI ended flat at yesterday’s closing and off the day’s high of 1,722, attributed to late selling activities, presumably by foreign funds.
“Looking ahead, we believe trading will remain muted, thus anticipating the index to hover within the 1,705-1,715 range today,” he said.
Among heavyweights, Maybank fell four sen to RM11.12, Public Bank slid 13 sen to RM4.87, Tenaga Nasional rose six sen to RM14.50, CIMB decreased eight sen to RM7.70 and IHH Healthcare slid three sen to RM8.74.
Among active stocks, Dagang Nexchange added 2.5 sen to 41 sen, Tanco was up half a sen to 15 sen, and Top Glove increased one sen to 73 sen. Sum Technology inched down 1.5 sen to 51 sen, while Borneo Oil was flat at half a sen.
Among top gainers, Malaysian Pacific Industries rose 94 sen to RM49.50, UWC gained 21 sen to RM6.32, United Plantations advanced 20 sen to RM32 and UMS was 18 sen firmer at RM8.88.
Top losers included Hong Leong Bank, which lost 22 sen to RM21.96, Paragon slipped 13 sen to RM1.58, Petronas Chemicals eased 12 sen to RM4.46 and Press Metal was nine sen weaker at RM8.43.
On the index board, the FBM Emas Index declined 55.29 points to 12,607.97, while the FBM Top 100 Index weakened 58.70 points to 12,444.91 and the FBM Emas Shariah Index dropped 14.39 points to 12,475.32.
The FBM Mid 70 Index rose 0.89 of a point to 18,091.70, while the FBM ACE Index gained 13.61 points to 4,773.88.
By sector, the Financial Services Index fell 197.14 points to 20,080.0, the Industrial Products and Services Index shed 1.0 point to 189.71, and the Energy Index erased 3.65 points to 758.77, while the Plantation Index rose 13.38 points to 8,780.83. — Bernama
Date: 19 June, 2026 11:00 am
Source: Malay Mail
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