Bursa Malaysia Opens Lower As Weak Wall Street Performance Weighs On Investor Sentiment

KUALA LUMPUR, Nov 2 – Bursa Malaysia opened lower on Monday morning, November 2, 2026, as weaker closing performance on Wall Street last Friday dampened investor sentiment across the local bourse.

At 9:10 AM, the FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 8.24 points, or 0.51 percent, to trade at 1,607.36 compared to Friday’s close of 1,615.60.

The key benchmark index had opened 2.39 points lower at 1,613.21 earlier in the morning session.

Market breadth across the broader exchange turned negative, with decliners outpacing advancers 430 to 64, while 259 counters remained unchanged, 1,970 untraded, and 11 suspended. Total market turnover stood at 216.60 million units valued at RM98.99 million.

Among key blue-chip heavyweights, Malayan Banking Bhd (Maybank) dropped two sen to RM10.00, Tenaga Nasional Bhd and IHH Healthcare Bhd fell 10 sen each to RM13.20 and RM7.75 respectively, while CIMB Group Holdings Bhd shed seven sen to RM6.84. Public Bank Bhd bucked the downtrend, gaining two sen to RM4.77.

In active trading, Zetrix AI and Jaks Resources Bhd lost half a sen each to six sen and 14 sen, while Dagang NeXchange Bhd slipped one sen to 42 sen. GIIB Holdings Bhd jumped 7.5 sen to 43.5 sen, and Ni Hsin Resources Bhd added 1.5 sen to 27.5 sen.

Manulife Holdings Bhd topped the gainers’ list, advancing 11 sen to RM2.39, while Mega Fortris Bhd and Westports Holdings Bhd each gained nine sen to RM2.31 and RM6.94. Hap Seng Plantations Holdings Bhd rose seven sen to RM2.31.

Conversely, top losers were led by Nestle (Malaysia) Bhd, which fell 70 sen to RM95.24, Malaysian Pacific Industries Bhd (MPI) down 58 sen to RM39.20, United Plantations Bhd dropping 30 sen to RM28.92, ViTrox Corp Bhd losing 28 sen to RM10.62, and Kluang Rubber Company (Malaya) Bhd shedding 23 sen to RM6.30.

On the index board, the FBM Emas Index decreased 67.17 points to 11,994.56, the FBM Top 100 Index fell 65.06 points to 11,798.80, the FBM Mid 70 Index lost 114.50 points to 17,306.19, the FBM Emas Shariah Index dropped 81.33 points to 12,001.58, and the FBM ACE Index slid 59.40 points to 5,344.51.

Sector-wise, the Financial Services Index fell 41.50 points to 18,506.49, the Plantation Index declined 29.00 points to 8,668.42, the Energy Index shed 5.53 points to 846.63, and the Industrial Products and Services Index edged down 0.99 of a point to 177.38.

Market Metrics, Key Movers, and Sector Indices

Key opening statistics, notable stock movements, and sector performances include:

• Benchmark Index Movement: FBM KLCI down 8.24 points (0.51%) to 1,607.36 from previous close of 1,615.60.
• Market Breadth: Losers dominated gainers 430 to 64; overall volume stood at 216.60 million shares worth RM98.99 million.
• Notable Stock Performance: Gains recorded by Public Bank (+2 sen), Manulife (+11 sen), and Westports (+9 sen); losses led by Nestle (-70 sen), MPI (-58 sen), and United Plantations (-30 sen).
• Sectoral Indices: Broad declines across Financial Services (-41.50 pts), Plantations (-29.00 pts), Energy (-5.53 pts), and Industrial Products (-0.99 pts).

–NMT