Bursa Ends Higher As Select Blue Chips Lift KLCI

Bursa Malaysia closed higher on June 12, supported by selective buying in blue-chip counters despite lingering caution over geopolitical tensions in West Asia, volatile crude oil prices and uncertainty surrounding the global interest rate outlook.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.10 points, or 0.24%, to 1,683.63 from its close of 1,679.53 on June 11, lifted by perceived attractive valuations in key index constituents.

Broader market indices were mixed, with the FBM 70 slipping 28.27 points to 17,884.14, while the FBM EMAS advanced 21.02 points to 12,474.62. The FBM Sha eased 21.44 points to 12,422.30.

Among the most actively traded stocks, Zetrix AI Bhd was unchanged at 81 sen with 71.43 million shares changing hands, making it the most heavily traded counter of the day. Top Glove Corporation Bhd slipped 2.5 sen to 80.5 sen, while AirAsia X Bhd rose six sen to RM1.20. Capital A Bhd was unchanged at 40 sen, and Dagang NexChange Bhd gained 1.5 sen to 36 sen.

Market sentiment remained cautious overall, but selective buying in blue chips helped anchor the benchmark index in positive territory, with traders closely monitoring external developments and commodity price movements.

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