KUALA LUMPUR, Jan 31, 2025 – Bursa Malaysia rebounded from earlier losses, finishing the trading day on a positive note despite low trading volumes. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) ended the day at 1,556.92 points, marking a 0.27% increase (+4.23 points) compared to the previous close. The rebound was fueled by renewed buying interest in select sectors.
Market Highlights
- Trading Volume and Value: The trading day saw a total volume of 1.474 billion units with a value of RM1.921 billion, lower than the previous session’s 2.188 billion units and RM2.005 billion.
- Market Breadth: Advancers outnumbered decliners, with 508 gainers, 323 losers, and 445 unchanged counters. This reflects improving sentiment despite regional markets operating in muted conditions due to the festive season.
Movers and Shakers of the Day
Top Gainers (FBM KLCI):
- Sime Darby Berhad (SIME):
- Close: RM2.25
- Change: +3.69%
- Volume: 14,097,000
- Market Cap: RM15.33 billion
- Comments: Positive corporate developments drove strong buying interest.
- PPB Group Berhad (PPB):
- Close: RM11.96
- Change: +2.40%
- Volume: 479,000
- Market Cap: RM17.01 billion
- Petronas Dagangan Berhad (PETDAG):
- Close: RM19.62
- Change: +1.98%
- Volume: 187,000
- Market Cap: RM19.49 billion
- Mr DIY Group (M):
- Close: RM1.68
- Change: +1.82%
- Volume: 4,272,000
- Market Cap: RM15.90 billion
Top Losers (FBM KLCI):
- SD Guthrie Berhad (SDGUTHRIE):
- Close: RM4.85
- Change: -2.61%
- Volume: 2,041,000
- Market Cap: RM33.54 billion
- Public Bank Berhad (PBBANK):
- Close: RM4.31
- Change: -1.37%
- Volume: 16,613,000
- Market Cap: RM83.66 billion
- Nestlé (Malaysia) Berhad (NESTLE):
- Close: RM89.98
- Change: -0.92%
- Volume: 51,000
- Market Cap: RM21.10 billion
Active Stocks
- YTL Corporation Berhad (YTL): RM1.91, volume of 45.84 million shares.
- YTL Power International (YTLP): RM3.13, volume of 44.57 million shares.
- Gamuda Berhad: RM4.04, volume of 36.94 million shares.
Sector Performance
- Top Performing Sectors:
- Financial Services: The sector gained 62.25 points, with key contributions from CIMB and Maybank.
- Energy: The sector rose by 0.84 points, driven by Velesto Energy’s active trading.
- Underperforming Sectors:
- Plantation: The sector dipped by 48.91 points, reflecting lower interest in plantation counters.
Key Takeaways
Despite the low trading volume, the positive close indicates growing investor confidence as the market adjusts post-Chinese New Year holidays. Gains in the financial and energy sectors highlight strategic buying opportunities. However, caution is advised in the plantation sector, which continues to face headwinds.
Looking Ahead
Investors should monitor the upcoming corporate earnings season and global market developments for further cues. With the FBM KLCI rebounding from initial losses, it may pave the way for more bullish sentiment in the coming weeks.