On February 13, 2025, the FTSE Bursa Malaysia KLCI (FBM KLCI) experienced a decline, closing below the significant 1,600-point threshold. The index decreased by 10.77 points, or 0.67%, settling at 1,592.28. Throughout the trading session, it reached a high of 1,605.48 and dipped to a low of 1,592.20. theedgemalaysia.com
Market sentiment was notably cautious, influenced by external factors such as persistent trade tensions following the U.S. administration’s announcement of plans for reciprocal tariffs. This external uncertainty contributed to the day’s market performance.
In the broader market, decliners surpassed gainers, with 573 losers compared to 422 gainers, and 478 counters remained unchanged. The total trading volume was 2.56 billion shares, amounting to a value of RM2.22 billion.
Among the FBM KLCI constituents, several stocks experienced notable declines:
- Nestle (Malaysia) Berhad: Fell by RM1.32 to close at RM90.64.
- PETRONAS Dagangan Berhad: Decreased by 46 sen, ending at RM19.52.
- Hong Leong Bank Berhad: Dropped 22 sen to RM20.42.
- CIMB Group Holdings Berhad: Declined by 12 sen, closing at RM8.28.
Conversely, some stocks recorded gains:
- Heineken Malaysia Berhad: Surged RM1.18 to RM25.98.
- Fraser & Neave Holdings Bhd (F&N): Added 20 sen, reaching RM26.70.
- Hong Leong Industries Berhad: Rose 16 sen to RM13.98.
- ITMAX System Berhad: Climbed 15 sen, closing at RM3.92.
Regionally, Asian markets presented a mixed performance:
- Japan’s Nikkei 225: Increased by 1.28%.
- South Korea’s Kospi: Gained 1.36%.
- Hong Kong’s Hang Seng: Decreased by 0.2%.
- China’s CSI 300: Declined by 0.38%.
The cautious sentiment in the Malaysian market reflects broader concerns over global economic uncertainties and their potential impact on local equities.