Selling pressure intensified on Bursa Malaysia on June 8, with losers overwhelming gainers by 916 to 340 as investors continued to pare positions across selected blue-chip and mid-cap counters.
Market breadth remained firmly negative, with 455 counters unchanged, 964 untraded and 13 suspended, reflecting cautious investor sentiment across the broader market.
Nestlé (M) Bhd led the decliners list, falling RM2.28 to RM92 on volume of 461,000 shares, followed by Malaysian Pacific Industries Bhd, which slid RM1.30 to RM45.50. Petronas Dagangan Bhd lost 64 sen to RM18.60, while property stock Tanco Holdings Bhd plunged 47 sen to RM1.12 amid heavy trading of 30.5 million shares. Hong Leong Bank Bhd rounded out the top five losers, shedding 36 sen to RM20.96.
Despite the broader market weakness, several counters bucked the trend. Concrete Engineering Products Bhd emerged as the top gainer, surging 65 sen to RM3.99, followed by Ideal Capital Bhd, which rose 30 sen to RM4.10.
PJBumi Bhd gained 18 sen to RM3.43, while plantation stock Kuala Lumpur Kepong Bhd advanced 15 sen to RM2.70. Heineken Malaysia Bhd added 14 sen to RM20.14 to complete the top gainers list.
