Bursa Malaysia closed marginally lower on July 7 as investors locked in gains following the market’s recent recovery, mirroring weaker performances across regional markets.
The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 0.60 of a point, or 0.04%, to 1,682.93 at 5pm from its close of 1,683.53 on July 6.
Broader market indicators were also slightly weaker, with the FBM 70 declining 31.04 points to 17,774.60, while the FBM Emas eased 9.93 points to 12,462.79. The F4GBM dipped 0.58 points to 1,010.77, and the FBM Shariah edged down 3.27 points to 12,284.35.
Trading activity remained concentrated in lower-priced counters, with newly ACE Market-listed RNG Tech Bhd emerging as the most actively traded stock by volume after the counter closed unchanged at 13 sen with close to 110.46 million shares traded.
Other heavily traded counters included Zetrix AI Bhd, which slipped 0.5 sen to 75.5 sen with 70.3 million shares traded, and Tanco Holdings Bhd, which eased 0.5 sen to 18 sen after 53.54 million shares changed hands.
Asdion Bhd declined 1.5 sen to 0.5 sen, while Efficient E-Solutions Bhd gained 1.5 sen to 11.5 sen, rounding off the most active counters list.
The market’s muted close reflected a period of consolidation as investors balanced profit-taking activities with ongoing optimism over the local market’s recovery trajectory.
