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Market Daily Report: Bursa Malaysia Extends Gains As Banking Stocks Rally On Budget 2027 Measures

KUALA LUMPUR, Oct 12 (Bernama) -- Bursa Malaysia continued last week’s positive performance, led by bargain hunting in banking stocks as Budget 2027 offered additional support through measures targeting small and medium enterprises (SMEs) lending, housing financing and investment-driven credit growth. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 9.56 points, or 0.59 per cent, to 1,618.01 from  Friday’s close of 1,608.45. The benchmark index, which opened 3.34 points higher at 1,611.03, moved between 1,608.91 and 1,619.30 throughout the session. On the broader market, losers outpaced gainers 778 to 344, while 520 counters were unchanged, 1,185 untraded and 12 suspended. Turnover was marginally higher at 3.36 billion units worth RM2.91 billion, compared with 3.33 billion units worth RM2.90 billion on Friday.
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Market Daily Report: Bursa Malaysia Ends Higher As Budget 2027 Provides Fresh Catalysts

KUALA LUMPUR, Oct 9 (Bernama) -- Bursa Malaysia ended higher today, buoyed by market optimism and sustained buying activity following the Budget 2027 announcement, which provided fresh catalysts for the market.   At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 7.44 points, or 0.47 per cent, to 1,608.45 from Thursday’s close of 1,601.01. The benchmark index, which opened 1.93 points higher at 1,602.94, moved between 1,600.55 and 1,609.94 throughout the session. On the broader market, gainers outpaced losers 627 to 450, while 547 counters were unchanged, 1,204 untraded and 13 suspended.

Market Daily Report: Bursa Malaysia Ends Marginally Higher On Improved Risk Appetite

KUALA LUMPUR, Oct 5 (Bernama) -- Bursa Malaysia closed slightly higher today, in line with upbeat regional markets, as improved risk appetite was supported by softer US labour data, that reduced expectations of further Federal Reserve tightening and eased pressure on bond yields. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 0.88 of-a-point to 1,631.75 from last Friday’s close of 1,630.87. The benchmark index, which opened 2.55 points higher at 1,633.42, moved between 1,630.95 and 1,640.46 throughout the trading session. However, on the broader market, decliners surpassed gainers 599 to 564, while 523 counters were unchanged, 1,087 untraded and 24 suspended. Turnover improved to 4.78 billion units worth RM2.89 billion, compared with 4.23 billion units worth RM2.70 billion last Friday.