Bursa Malaysia Opens Higher At 1,615.24 As Wall Street AI Rally Boosts Sentiment

KUALA LUMPUR, Oct 28  – Bursa Malaysia opened higher on Wednesday morning, October 28, 2026, buoyed by improved investor sentiment following overnight gains on Wall Street driven by fresh artificial intelligence (AI) sector funding announcements.

By 9:10 AM, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) advanced 3.39 points, or 0.21 percent, to reach 1,615.24 compared to Tuesday’s closing level of 1,611.85.

The key index opened 2.64 points higher at 1,614.49.

Market breadth was solidly positive, with gainers outpacing losers 251 to 94, while 297 counters traded unchanged, 2,225 remained untraded, and 104 were suspended.

Total early trading volume registered at 218.30 million units valued at RM87.52 million.

Heavyweight Stocks, Top Gainers, Losers, and Sector Index Performance

Key stock performances, active trading counters, and sector index figures at market opening include:

• Heavyweight Stock Performance: Maybank gained one sen to RM10.00, while CIMB advanced two sen to RM7.13. Public Bank, Tenaga Nasional, and IHH Healthcare traded flat at RM4.75, RM13.30, and RM7.84, respectively.
• Active Trading Counters: Zetrix AI and MQ Technology edged up half a sen each to nine sen and six sen, respectively. V.S Industry, MYMBN, and Dagang Nexchange added one sen each to 35.5 sen, 17.5 sen, and 45 sen, respectively.
• Top Market Gainers: Nestle spearheaded early gainers, advancing RM2.38 to RM96.66, followed by Malaysian Pacific Industries (up 30 sen to RM41.60), Far East Holdings (up 25 sen to RM4.20), and MI Technovation and Hong Leong Bank (both up 16 sen to RM6.91 and RM21.36, respectively).
• Top Market Losers: United Plantations topped the early decline list, dropping 38 sen to RM29.32, followed by Westports Holdings (down 16 sen to RM6.92), Farm Fresh (down seven sen to RM1.81), SAM Engineering & Equipment (down six sen to RM4.25), and Hengyuan Refining Company (down five sen to RM4.06).
• Key Index Figures: The FBM Emas Index rose 23.53 points to 12,062.82, the FBM Top 100 Index gained 21.02 points to 11,855.55, the FBM Mid 70 Index advanced 14.68 points to 17,384.80, the FBM Emas Shariah Index increased 20.98 points to 12,070.71, and the FBM ACE Index added 27.12 points to 5,445.75.
• Sector-Wise Movement: The Financial Services Index spearheaded sectoral gains, climbing 31.79 points to 18,632.82, followed by the Energy Index (up 6.30 points to 852.04), the Plantation Index (up 6.32 points to 8,660.58), and the Industrial Products and Services Index (up 0.30 of a point to 177.21).

–NMT