FBM KLCI Opens Lower At 1,584.91 As Nvidia Leadership Turmoil Rattles Wall Street

KUALA LUMPUR, Nov 13 – Bursa Malaysia’s benchmark index opened lower on Friday morning, November 13, 2026, tracking overnight losses on Wall Street triggered by investor jitters over Nvidia’s abrupt leadership crisis.

At 9:15 AM, the FTSE Bursa Malaysia KLCI (FBM KLCI) shed 1.05 points to 1,584.91, retreating from Thursday’s close of 1,585.96.

The key index had earlier opened 0.47 points lower at 1,585.49.

Despite the softer headline index, broader market breadth leaned positive at the open, with advancers outnumbering decliners 175 to 150, while 285 counters traded unchanged, 2,174 remained untraded, and 16 were suspended. Early turnover stood at 185.37 million shares valued at RM66.47 million.

Overnight on Wall Street, major US indices closed lower as a sharp sell-off in Nvidia shares following CEO Jensen Huang’s immediate resignation overshadowed gains in energy counters—with the Dow Jones Industrial Average falling 0.36 percent to 52,297.09, the S&P 500 shedding 0.35 percent to 7,592.40, and the Nasdaq Composite declining 0.39 percent to 25,366.09.

Heavyweights, Active Counters, and Movers

• Heavyweight Performance: CIMB Group Holdings Bhd dropped four sen to RM7.05, Tenaga Nasional Bhd lost two sen to RM12.78, and IHH Healthcare Bhd eased one sen to RM7.83. Conversely, Malayan Banking Bhd (Maybank) gained one sen to RM9.92, while Public Bank Bhd remained unchanged at RM4.53.
• Active Counters: V.S. Industry Bhd and MMAG Holdings Bhd each shed half a sen to 28 sen and 3.5 sen respectively. GIIB Holdings Bhd and Parlo Bhd gained one sen apiece to 11.5 sen and five sen respectively, while Ni Hsin Group Bhd added half a sen to nine sen.
• Top Gainers: Technology and industrial counters bucked the broader weakness, led by Master-Pack Group Bhd climbing 13 sen to RM1.55, P.I.E. Industrial Bhd advancing 12 sen to RM1.62, and UWC Bhd adding 11 sen to RM6.48. Ranhill Utilities Bhd and Mega Fortris Bhd rose nine sen each to RM2.99 and RM1.10 respectively.
• Top Decliners: Plantation counters led early losses, with Kuala Lumpur Kepong Bhd falling 16 sen to RM21.22 and United Plantations Bhd losing 14 sen to RM31.46. PJBumi Bhd shed 13 sen to RM4.12, Mentiga Corp Bhd declined nine sen to RM1.06, and Tradeplus Shariah Gold Tracker slipped eight sen to RM4.86.

Broader Market and Sectoral Breakdown

• FBM Emas Index: Fell 2.10 points to 11,785.99.
• FBM Top 100 Index: Shed 5.50 points to 11,613.75.
• FBM ACE Index: Eased 5.78 points to 5,181.13.
• FBM Emas Shariah Index: Edged up 0.59 points to 11,773.86.
• FBM Mid 70 Index: Gained 1.48 points to 16,950.05.
• Plantation Index: Sank 44.93 points to 8,874.33.
• Financial Services Index: Fell 12.71 points to 18,444.07.
• Energy Index: Gained 1.31 points to 783.13.
• Industrial Products & Services Index: Edged up 0.15 points to 171.17.

Opening Market Summary, Key Figures, and Sectoral Performance

Key opening market metrics, turnover data, and sector movements include:

• FBM KLCI Opening Level (9:15 AM): 1,584.91 (-1.05 points from Thursday’s 1,585.96 close; opened at 1,585.49).
• Market Breadth: Positive (175 Gainers vs. 150 Losers, 285 Unchanged).
• Early Trading Turnover: 185.37 million shares valued at RM66.47 million.
• Top Gainer & Decliner: Master-Pack Group (+13 sen to RM1.55); Kuala Lumpur Kepong (-16 sen to RM21.22).
• Sectoral Divergence: Energy (+1.31 points to 783.13) and Industrial Products (+0.15 points to 171.17) rose, while Plantation (-44.93 points) and Financial Services (-12.71 points) weighed on the main board.

–NMT