Bursa Malaysia traded in a mixed and largely rangebound session at midday, with the FBM KLCI holding marginal gains as broader market sentiment remained cautious across key index constituents.
As at 12.35pm, the FBM KLCI was up 0.02 point at 1,679.54 after moving between an intraday high of 1,687.93 and low of 1,675.04, indicating a lack of strong directional momentum despite mild support in selected blue chips.
Broader market indices were mostly softer. The FBM70 slipped 0.22% to 17,971.04, while the FBM EMAS and FBM Shariah Composite both edged lower by 0.03% and 0.08% respectively, reflecting a cautious tone across mid- and small-cap counters.
Market activity was concentrated in speculative and retail-driven counters, with Hong Seng emerging as the most actively traded stock, recording heavy volume despite minimal price movement. TFP also saw active turnover alongside Zetrix, Top Glove and Tanco, which moved in mixed directions amid rotational trading.
Among index movers, defensive consumer names led gainers, with Nestlé, Aji and F&N among the top advancers, suggesting selective positioning in earnings-resilient stocks. On the losing end, Tanco led declines, followed by IOI Properties, Unisem and Sunway, weighing on broader sentiment in property and technology-linked counters.
