Bursa Stalls At Midday As China Jitters Cloud Sentiment
Bursa remained broadly flat at midday on Monday, with the FBM KLCI inching down 0.44 points to 1,535.63 amid cautious sentiment as investors digested weaker-than-expected economic data out of China and awaited further corporate earnings guidance this week.
The benchmark index moved within a narrow range of 1,534.40 to 1,538.08 in the morning session, reflecting muted market participation and mild profit-taking pressure. Broader market indices also showed little movement, with the FBM70 slipping 13.33 points to 16,748.02, while the FBMEMAS and F4GBM eased slightly by 1.94 and 0.26 points respectively.
Investor sentiment remained cautious after China’s GDP figures released earlier in the day revealed slower-than-expected growth in Q2 2025, raising fresh concerns over regional demand and trade momentum. Market watchers also remained alert to global interest rate trends and potential ripple effects from prolonged monetary tightening in the US.
Among actives, NexG led with a gain of 1.5 sen to 46.5 sen on strong volume of over 613 million shares, while Tanco and Wentel each added 0.5 sen and 1.5 sen respectively. ZETRIX, however, slipped 1 sen to 99 sen despite a high trading volume of over 322 million shares.
Investors are likely to remain on the sidelines in the second half of the session, with attention turning to local corporate earnings and economic releases later this week, as well as regional developments surrounding China’s stimulus outlook and its effect on trade-linked sectors.
Trading resumed at 2.30pm.
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