KUALA LUMPUR, June 12, 2025 – Bursa Malaysia saw a mixed performance today. The FBM KLCI ended the morning session slightly higher. It gained 2.62 points (0.17%) to reach 1,526.46 at midday. This recovery from an early low of 1,523.22 was driven by oil and gas stocks. However, overall market sentiment remained cautious. Global stock markets showed mixed signals. This was due to ongoing US-China tensions and other geopolitical developments.
At mid-morning, the FBM KLCI stood at 1,527.21. This was a gain of 3.37 points from yesterday’s close. The broader market showed a mixed trend.
Your provided data confirms the FBM KLCI closed at 1,526.62. This was a slight increase of 0.18% for the day. Year-to-date, the index is down by 7.05%.
Key Movers and Shakers
Let’s look at the stocks that moved the market today:
- Top Gainers (by value):
- Petronas Gas Bhd led the gains. It closed at RM18.080, up by 2.15%.
- CelcomDigi Bhd also performed well. It closed at RM3.790, gaining 1.88%.
- YTL Power International Bhd ended at RM3.700, up by 1.37%.
- Top Losers (by value):
- Fraser & Neave Holdings Bhd was a notable loser. It closed at RM28.200, down by RM0.240.
- LPI Capital Bhd saw a decrease. It closed at RM14.320, down by RM0.200.
- Heineken Malaysia Bhd also fell. It closed at RM27.180, down by RM0.140.
- Most Active Stocks:
- MyEG Services Bhd was the most traded stock. It saw 44.77 million shares change hands.
- PDZ Holdings Bhd was also highly active. It traded 39.44 million shares.
- Jiankun International Bhd had a high trading volume of 33.47 million shares. Interestingly, Jiankun International’s price jumped by 0.5 sen to 3 sen. This made it one of the top percentage gainers during the midday session.
Policy Impacts and Global Factors
Several factors, both local and international, are influencing the KLCI.
- Trade Costs: A recent HSBC survey highlights that Malaysian businesses are rethinking strategies due to rising trade costs. This could impact the KLCI in the long run. Companies will need to adjust to the changing global trade environment.
- SST Concerns: Domestically, there are calls to delay and revise the expanded Sales and Service Tax (SST). Consumer groups and business leaders worry that new tax measures could increase living costs. They also fear harm to small businesses.
- Aerospace Investment: Selangor is actively engaging Chinese aerospace firms at the Shanghai Airexpo. This could lead to future investments. Such collaborations could benefit specific sectors within the Malaysian economy.
- External Uncertainties: Overall market sentiment remains cautious. This is largely due to external uncertainties. The ongoing tensions between the United States and China are a key concern. Other geopolitical developments also play a role.