Bursa Malaysia ended the morning session on a stronger note, with the FBM KLCI rising higher amid cautious market sentiment and lingering external pressures.
At 3.40pm, the benchmark FBM KLCI rose 3.15 points (0.21%) to 1,520.12 after hitting a daily high of 1,521.64.
Meanwhile, 437 gainers, 370 losers and 425 counters were traded unchanged on Bursa Malaysia.
Volume amounted to 1.68 billion shares worth RM888.4 million.
Hong Leong Investment Bank Research said the FBM KLCI may continue to trend sideways with a slight upward bias, supported by last week's news between Trump and Xi and the start of the second round of US-China trade talks in London today.
However, it noted that broader market sentiment remained cautious amid continued foreign outflows, uncertainty over the US-Malaysia tariff deal and a historically weak June seasonality.
Concerns were further compounded by a weakening global trade environment, ongoing macroeconomic issues, the Trump administration's unpredictable trade stance and the potential for domestic subsidy rationalisation.
On Bursa Malaysia, Malaysian Pacific Industries led the gainers, rising 70 sen to RM20.90. Ayer rose 36 sen to RM7.60, Chin Tek added 30 sen to RM9.10 and F&N rose 26 sen to RM27.64.
The top decliner was Nestle, which lost RM2.48 to RM74.64. PETRONAS Dagangan fell 36 sen to RM20.64, LPI Capital shed 26 sen to RM14.64 and United Plantations fell 22 sen to RM21.42.
