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Bursa Malaysia Closes at Intraday High on August 8, 2025
Bursa Malaysia displayed a mixed sectoral performance on August 8, 2025, with the utilities sector leading gains and overall sustained buying, despite broader cautious market conditions. The FBM KLCI opened lower but gained momentum, closing at an intraday high.
The FBM KLCI rose 7.87 points or 0.51%, ending the day at 15,556.98 points. The FBM Emas Index also saw an increase, advancing to 11,601.79 points. The Main Market volume increased significantly, with 1.46 billion units traded, while the ACE Market volume dropped to 250.96 million units.
The utilities sector was the main driver of the gains, with approximately a 0.61% increase. Key heavyweights also contributed to the positive stance. Notable performers included Public Bank and Tenaga Nasional, each gaining four sen, closing at RM4.33 and RM13.80 respectively. Pharmaniaga inched up half-a-sen, closing at 18 sen, while Ekovest fell one sen, closing at 39.5 sen. Maybank closed at RM9.61, losing two sen. CIMB rose eight sen, closing at RM6.86.
The broader market had more decliners than gainers. However, Tanco eased half-a-sen, closing at 76.5 sen. The FTSE Bursa Malaysia KLCI (FBM KLCI) also saw a rise in warrants turnover, with 715.60 million units traded. Consumer products and services counters accounted for 272.11 million shares traded on the Main Market.
The bullish momentum of the FBM KLCI was consistent due to the rising probability-weighted expectations of US monetary policy easing. This was supported by the confluence of domestic policy catalysts and evolving global trade dynamics. The positive momentum on Bursa Malaysia was also reflected in the region's broader market sentiment, tied to US monetary policy expectations.
In comparison to regional peers, Bursa Malaysia's performance was generally in line with cautious optimism seen in other markets such as Hong Kong's Hang Seng Index, which ended marginally higher amid a lackluster session on August 12. The positive momentum on Bursa Malaysia was driven by improving geopolitical signals and investor appetite for certain sectors.
UOB Kay Hian Wealth Advisors Sdn Bhd's head of investment research Mohd Sedek Jantan stated that the FBM KLCI concluded the week on a firmer footing. IHH was one sen higher, closing at RM6.96, while Top Glove dipped two sen, closing at 59.5 sen.
Overall, on August 8, 2025, Bursa Malaysia showed cautious but firm gains led by utilities and key heavyweights, reflecting resilient investor confidence amid global uncertainties, while regional markets were similarly cautious but generally positive ahead of important US economic data and tariff developments.
- News from Kuala Lumpur on August 8, 2025, reported that several key businesses, such as Public Bank and Tenaga Nasional, experienced gains in their share price, contributing to Bursa Malaysia's mixed sectoral performance.
- Despite broader cautious market conditions, the FBM KLCI, a key index on Bursa Malaysia, closed at an intraday high, influenced by the rising probability-weighted expectations of US monetary policy easing and domestic policy catalysts.
- The tech sector of Bursa Malaysia, not explicitly mentioned in the text, could have potentially seen some gains as well, considering the bullish momentum on Bursa Malaysia and the positive regional market sentiment.
- The health sector, represented by Pharmaniaga, inched up slightly in share price, while Ekovest in the transport sector saw a minimal decline. On the other hand, the finance sector, specifically Maybank, experienced a minor loss in share price.
- Interestingly, the digital or technology-focused finance sector, such as the fintech industry, was not explicitly mentioned in the text, but it could have been impacted by the broader market trends and US monetary policy expectations. Furthermore, the health and tech sectors could have potential synergy in areas like telemedicine, digital health solutions, or biotechnology, which might have contributed to the overall market performance.
