BURSA Malaysia recovered its earlier losses to close marginally higher supported by renewed optimism in the data centre segment and a sectoral rotation into defensive plays, as investors positioned cautiously amid heightened geopolitical tensions.
This is in tandem with most regional markets, with investors awaiting several central banks’ meetings this week, an analyst said.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) recovered 1.88 points, or 0.12 per cent, to 1,519.99 from last Friday’s close of 1,518.11.
The benchmark index, which opened 0.24 of-a-point lower at 1,517.87, moved between 1,512.26 and 1,521.38 throughout the trading session.
Market breadth was negative, with decliners thumping gainers 612 to 321, while 509 counters were unchanged, 973 untraded and 21 suspended.
Turnover narrowed to 2.83 billion units worth RM2.04 bil compared with Friday’s 2.88 billion units valued at RM2.06 bil. ‒ June 16, 2025
