KUALA LUMPUR, Oct 3 – Bursa Malaysia’s benchmark index is expected to trade within a range of 1,620 to 1,650 next week, with selective bargain-hunting and accumulation of quality blue-chip stocks likely to emerge on weakness.

The projection follows a volatile trading week ended Friday, October 2, 2026, where profit-taking and heavy selling pressure initially dominated before bargain-hunting took hold as the market slipped into oversold territory.

On a Friday-to-Friday basis, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) tumbled 40.75 points to close at 1,630.87, down from 1,671.62 recorded the previous week.

Weekly Index and Sectoral Performance

Broad-based declines were recorded across major indices and key economic sectors on a Friday-to-Friday comparison:

FBM Emas Index: Decreased 286.07 points to 12,170.57.
FBM Top 100 Index: Fell 285.78 points to 11,957.68.
FBM Mid 70 Index: Slid 362.98 points to 17,481.93.
FBM Emas Shariah Index: Shed 245.91 points to 12,060.32.
FBM ACE Index: Inched down 3.40 points to 5,529.46.

Sectoral benchmarks experienced notable retreats across the board:

Financial Services Index: Trimmed 509.98 points to 19,040.51.
Plantation Index: Erased 278.32 points to 9,056.55.
Energy Index: Slipped 28.80 points to 833.03.
Industrial Products and Services Index: Shaved off 5.58 points to 178.52.

Trading Volume and Turnover Summary

Total weekly turnover expanded to 17.39 billion units valued at RM14.42 billion, up from 17.11 billion units worth RM14.07 billion in the preceding week.

Market breakdown details include:

Main Market: Volume dipped to 10.31 billion units worth RM12.69 billion compared to 10.41 billion units valued at RM12.31 billion a week prior.
Warrants Market: Turnover grew to 4.40 billion units valued at RM708.35 million from 4.21 billion units worth RM661.61 million previously.
ACE Market: Trading volume stood at 2.67 billion units worth RM1.00 billion compared to 2.48 billion units valued at RM1.09 billion the previous week.

–NMT

Tags: Bursa Malaysia