Bursa Malaysia ended the morning session lower on June 8, tracking regional markets that came under pressure amid renewed geopolitical tensions in West Asia and continued weakness in technology-related stocks.
At 12:30pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 11.23 points, or 0.66%, to 1,682.20, dragged by broad-based selling across index heavyweights.
The broader indices also weakened, with the FBM 70 dropping 184.67 points, or 1.01%, to 18,114.93, while the FBM EMAS slipped 99.04 points (0.79%) to 12,503.02. The FBM Shariah eased 83.40 points (0.66%) to 12,486.75 and the F4GBM declined 8.31 points (0.82%) to 1,009.74, reflecting broad-based selling across both large-cap and mid-to-small cap segments.
Market breadth was decisively negative, with decliners outpacing gainers by 846 to 241, while 402 counters were unchanged, 1,186 untraded and 13 suspended.
Among the top decliners were Nestlé (M) Bhd falling RM1.34 to RM92.94, Malaysian Pacific Industries Bhd dropping RM1.08 to RM45.72, Petronas Dagangan Bhd easing 56 sen to RM18.68, United Plantations Bhd declining 50 sen to RM31.70 and UMS Integration Limited decreasing 45 sen to RM7.55.
On the upside, selective buying was seen in Ideal Capital Bhd, Kuala Lumpur Kepong Bhd, Carlsberg Brewery Malaysia Bhd, Petronas Chemicals Group Bhd and Sime Darby Bhd, though upside momentum remained limited.
Among the most actively traded stocks, Zetrix AI Bhd led volumes with over 53 million shares traded, followed by Hong Seng Consolidated Bhd, VS Industry Bhd, SFP Tech Holdings Bhd and Top Glove Corporation Bhd, as retail-driven activity stayed elevated in lower-lane counters.
Sentiment across the region remained cautious as investors weighed escalating geopolitical risks in West Asia alongside concerns over stretched valuations in global technology stocks, keeping risk appetite subdued across emerging markets.
