Selling pressure swept across Bursa Malaysia, with decliners overwhelming gainers 5 to 5, reflecting mixed sentiment as investors remained selective.
A total of 392 counters were unchanged, while 1,042 stocks remained untraded and 134 were suspended, underscoring the cautious mood in the market.
Construction and energy counters bore the brunt of selling as SunCon Bhd topped the losers, tumbling 48 sen to RM6.37, followed by Sunway Bhd, which plunged 40 sen to RM4.80 on massive volume.
Utilities heavyweights also came under pressure, with Petronas Dagangan Bhd sliding 32 sen to RM21.840 and Petronas Gas Bhd down 26 sen to RM17.96. Tenaga Nasional Bhd declined 26 sen to RM13.90, amplifying the downside momentum.
Despite the negative breadth, technology and commodity-linked counters emerged as bright spots. MPI Bhd led the gainers, jumping 46 sen to RM28.78, followed by UTD Plantation Bhd, which surged 40 sen to RM34 on strong volume.
Heavyweight shipping and consumer names also saw solid interest, with MISC Bhd rising 23 sen to RM8.44, while PPB Group Bhd gained 34 sen to RM12. Hong Leong Industries Bhd added 24 sen to RM16.74, rounding up the top gainers list.
The market’s mixed breadth highlights investors’ selective approach, rotating into defensive and commodity-linked counters while trimming positions in construction and energy amid ongoing uncertainty.
