BURSA Malaysia extended its rally for the fifth consecutive day, breaching the 1,560 resistance level, underpinned by renewed investor appetite for data centre plays, and improving signals from geopolitical trade negotiations.
The positive performance, in tandem with regional markets, was also supported by growing confidence in a potential US Federal Reserve rate cut at the upcoming Federal Open Market Committee meeting, although caution remains ahead of the US-China tariff deadline on Aug 12.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 6.26 points or 0.40% to close at 1,563.24 from last Friday’s close of 1,556.98.
The benchmark index, which opened 0.76 of-a-point higher at 1,557.74, moved between 1,554.95 and 1,565.44 throughout the trading session.
The broader market was positive, with advancers leading decliners 513 to 480, while 510 counters were unchanged, 1,020 untraded and nine suspended.
Turnover improved to 2.54 billion units worth RM2.20 bil from 2.43 billion units worth RM2.22 bil last Friday. ‒ Aug 11, 2025
