KUALA LUMPUR, Dec 16 (Bernama) -- Bursa Malaysia extended its positive performance, closing higher for a fourth consecutive session, supported by improving local market sentiment underpinned by a firm domestic macroeconomic backdrop. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.59 points, or 0.28 per cent, to 1,648.31, from Monday’s close of 1,643.72. The index had opened 0.95 of a point lower at 1,642.77, and moved between 1,636.50 and 1,648.71 throughout the trading session However, on the broader market, decliners beat gainers 699 versus 408. A further 520 counters were unchanged, 1,149 untraded and 12 suspended. Turnover rose to 2.59 billion units worth RM2.27 billion from 2.50 billion units worth RM2.16 billion on Monday.
KUALA LUMPUR, Oct 9 (Bernama) -- Bursa Malaysia closed higher on Thursday as investors were bullish ahead of the Budget 2026 announcement tomorrow, an analyst said.
Prime Minister Datuk Seri Anwar Ibrahim, who is also the Finance Minister, is scheduled to table Budget 2026 in Parliament tomorrow.
At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 2.17 points, or 0.13 per cent to 1,629.67 from Wednesday’s close of 1,627.50.
The benchmark index had opened 1.37 points higher at 1,628.87 and moved between 1,626.67 and 1,632.53 throughout the trading session.
Market breadth was positive with gainers outpacing decliners 743 to 391, while 493 counters were unchanged, 975 remained untraded and seven were suspended.
Turnover expanded to 4.74 billion units worth RM3.62 billion, compared with 3.66 billion units valued at RM2.72 billion on Wednesday.
IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan said the improving market breadth reflects a more constructive risk appetite and a gradual shift in investor positioning towards cyclical recovery themes.
“The FBM70 recorded a strong rebound, signalling that mid-cap counters outperformed, a pattern typically observed in markets anticipating growth-oriented fiscal policies. It has served as a barometer of domestic investor sentiment ahead of the national budget announcements.
“The recent strength in mid-cap stocks, therefore, suggests that investors are positioning for a fiscal framework that reinforces domestic demand, stimulates private investment and supports Malaysia’s medium-term growth trajectory,” he told Bernama.
Among the heavyweights, Maybank and IHH Healthcare remained unchanged at RM10 and RM8.10, respectively. Public Bank lost five sen to RM4.29, CIMB fell nine sen to RM7.57, while Tenaga Nasional gained eight sen to RM13.28.
On the most active list, Top Glove increased nine sen to 67 sen, Borneo Oil and Tanco were flat at half-a-sen and 85 sen respectively, Land & General and Zetrix AI edged up 1.5 sen each to 18 sen and 85 sen.
Top gainers included Malaysian Pacific Industries and Ajinomoto, which surged 34 sen each to RM31.16 and RM13.98. Malayan Cement climbed 30 sen to RM7.08; Nestle and Hong Leong Industries were 26 sen higher at RM99.56 and RM14.28 respectively.
Besides CIMB, other top losers included Bintulu Port and Petronas Dagangan declined 30 sen each to RM5.50 and RM22.70 respectively; Fraser and Neave dipped 28 sen to RM28.10 and LPI lost 10 sen to RM14.38.
On the index board, the FBM Emas Index added 66.75 points to 12,181.35, the FBM 100 Index notched up 61.80 points to 11,907.70, and the FBM Emas Shariah Index advanced 125.56 points to 12,246.11.
The FBM 70 Index racked up 288.59 points to 17,253.60 while the FBM ACE Index grew 22.10 points to 5,291.13.
By sector, the Industrial Products and Services Index edged up 1.34 points to 174.86, the Plantation Index rose 73.97 points to 7,904.45, and the Energy Index inched up 2.93 points to 794.96, while the Financial Services Index slid 75.48 points to 18,452.85.
The Main Market volume rose to 2.18 billion units valued at RM3.13 billion, versus 1.74 billion units worth RM2.34 billion on Wednesday.
Warrant turnover expanded to 1.99 billion units worth RM280.05 million, compared with 1.51 billion units valued at RM206.67 million yesterday.
The ACE Market volume climbed to 579.29 million shares, valued at RM207.97 million, compared to 411.47 million shares worth RM167.37 million previously.
On the Main Market, consumer products and services counters accounted for 394.05 million shares traded, followed by industrial products and services (365.50 million), construction (109.66 million), technology (317.78 million), financial services (69.89 million), property (236.22 million), plantation (37.04 million), REITs (42.27 million), closed/fund (146,200), energy (163.12 million), healthcare (313.07 million), telecommunications and media (36.66 million), transportation and logistics (36.75 million), utilities (53.38 million), and business trusts (23,600).
Source: Bernama
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