FBM KLCI Eases Slightly At Midday Dragged By Financial Heavyweights

KUALA LUMPUR, Oct 28  – Bursa Malaysia’s benchmark index traded slightly lower at midday on Wednesday, October 28, 2026, as selling pressure in selected heavyweight stocks, particularly within the financial services sector, capped early morning gains.

By the 12:30 PM lunch break, the FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 1.44 points, or 0.09 percent, to 1,610.41 from Tuesday’s close of 1,611.85.

The key index opened 2.64 points higher at 1,614.49 and fluctuated between a morning low of 1,609.44 and a high of 1,615.87.

Despite the pullback in the main index, the broader market maintained positive sentiment as gainers comfortably outpaced losers 575 to 353, with 458 counters trading unchanged, 1,481 untraded, and 104 suspended.

Total morning turnover reached 1.96 billion units valued at RM1.09 billion.

Heavyweight Performance, Active Movers, Top Gainers, and Sector Indices

Key stock movements, active trading trends, and sector index figures at the midday break include:

• Heavyweight Stock Pullback: Public Bank dropped four sen to RM4.71, Tenaga Nasional declined 10 sen to RM13.20, and CIMB lost one sen to RM7.10. Maybank and IHH Healthcare shed two sen each to RM9.97 and RM7.82, respectively.
• Active Trading Counters: Zetrix AI and Top Glove inched up half a sen each to nine sen and 97 sen, respectively. VS Industry advanced one sen to 35.5 sen, while Landmarks gained 1.5 sen to 5.5 sen.
• Top Midday Gainers: Nestle topped the gainers list, surging RM2.76 to RM97.04, followed by Malaysian Pacific Industries (up RM1.00 to RM42.30), Fraser & Neave (up 32 sen to RM20.00), ViTrox (up 26 sen to RM11.08), and MI Technovation (up 25 sen to RM7.00).
• Top Midday Losers: United Plantations led the decliners, falling 56 sen to RM29.14, followed by Hong Leong Industries (down 34 sen to RM16.16), Batu Kawan (down 20 sen to RM19.10), and Westports and Telekom Malaysia (both shedding 19 sen to RM6.89 and RM7.86, respectively).
• Key Index Figures: The FBM Emas Index rose 8.70 points to 12,047.99, the FBM Top 100 Index added 3.85 points to 11,838.38, the FBM Mid 70 Index jumped 65.97 points to 17,436.09, the FBM Emas Shariah Index edged up 8.59 points to 12,058.32, and the FBM ACE Index climbed 64.12 points to 5,482.75.
• Sector Index Movements: The Industrial Products and Services Index rose 1.27 points to 178.18, and the Energy Index edged up 0.45 of a point to 846.19. Conversely, the Financial Services Index dropped 34.83 points to 18,566.20, while the Plantation Index shed 18.16 points to 8,636.10.

–NMT