Late Buying Interest Lifts FBM KLCI Higher At Close

Bursa Malaysia staged a late recovery on July 8, with last-minute buying interest helping the benchmark index close marginally higher despite mixed regional market performances.

The FTSE Bursa Malaysia KLCI (FBM KLCI) rose 0.68 point, or 0.04%, to 1,683.61 at 5pm compared to its close of 1,682.93 on July 7.

The index traded between an intraday high of 1,690.57 and a low of 1,679.30 as investors remained cautious throughout the session before bargain hunting emerged towards the close.

Market activity was led by Zetrix AI Bhd, which recorded 65.48 million shares traded, closing half-a-sen lower at 75 sen.

Other actively traded counters included AirAsia X Bhd, which slipped four sen to RM1.14 with 39.04 million shares exchanged, while GIIB Holdings Bhd gained half-a-sen to 50.5 sen.

Pentech Holdings Bhd eased half-a-sen to 27.5 sen, while NationGate Holdings Bhd declined 3.5 sen to 80 sen.

Despite the mild recovery in the benchmark index, broader market sentiment remained cautious as investors continued to track global developments and regional market movements.

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