The market movement ended on a positive note on July 1, supported by gains in selected heavyweight counters, particularly within the utilities sector, while broader market sentiment remained positive.
Market breadth remained positive, with 526 gainers outpacing 448 decliners, while 559 counters were unchanged, 1,088 were untraded and 14 suspended, reflecting cautious but resilient investor sentiment.
YTL Power International Bhd was among the day’s strongest performers, climbing 29 sen to RM4.47, as buying interest continued to favour utilities and infrastructure-related counters.
Other notable gainers included Critical Holdings Bhd, which surged 32 sen to RM1.41, UMS Integration Limited, up 28 sen to RM8.49, Kelington Group Bhd, which gained 25 sen to RM8.25, and Ayer Holdings Bhd, which added 20 sen to RM7.20.
On the losing side, Nestlé (M) Bhd led decliners, falling RM1.70 to RM91.76, followed by Malaysian Pacific Industries Bhd, which shed 66 sen to RM49.
Other notable losers included Kuala Lumpur Kepong Bhd, Allianz Malaysia Bhd and PPB Group Bhd, which posted modest declines as investors locked in profits in selected defensive and plantation counters.
Overall, trading remained measured, with selective buying in heavyweight utilities helping the local bourse finish in positive territory despite weakness in several consumer and plantation stocks.
