Bursa Malaysia Opens Marginally Higher on Easing US Treasury Yields, Fed Tone

KUALA LUMPUR, Oct 2 – Bursa Malaysia rebounded to open marginally higher on Friday morning, October 2, 2026, supported by easing US Treasury yields and a measured tone from the Federal Reserve, which provided temporary relief to investor sentiment.

At 9:10 AM, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 1.49 points, or 0.09 per cent, to 1,631.85, up from Thursday’s close of 1,630.36.

The index initially opened 3.51 points higher at 1,633.87. Overall market sentiment was mildly positive, with gainers outpacing decliners 239 to 137, while 270 counters traded unchanged, 2,127 untraded, and 24 suspended. Total turnover stood at 173.94 million shares valued at RM95.98 million, with analysts anticipating cautious trading within the 1,625–1,640 range throughout the day.

Heavyweights and Active Stocks

Key heavyweights presented a mixed performance during early trade:

• Tenaga Nasional added four sen to RM12.94.
• IHH Healthcare rose one sen to RM7.71.
• Maybank traded flat at RM9.95.
• Public Bank and CIMB shed one sen each to RM4.66 and RM7.68, respectively.

In active trading, Zetrix AI, Jaks Resources, and Genetec remained unchanged at 16.5 sen, 18 sen, and 32.5 sen, respectively. V.S Industry gained one sen to 28 sen, while Kinergy Advancement lost half a sen to 39.5 sen.

Technology and oil-related counters led the early gainers:

• Malaysian Pacific Industries: Advanced 58 sen to RM41.70.
• Hengyuan Refining: Inched up 19 sen to RM3.83.
• Petronas Chemicals: Perked up 15 sen to RM4.28.
• UWC & MI Technovation: Both firmed 10 sen to RM7.20 and RM5.36, respectively.

Decliners were led by MISC, which dropped 14 sen to RM7.54. Meanwhile, LPI Capital, Hong Leong Industries, MNRB, and RHB Bank shed four sen each to RM12.80, RM16.10, RM2.78, and RM7.43, respectively.

Sectoral and Board Performance

Broader indices mostly opened in positive territory:

• The FBM Mid 70 Index ticked up 75.93 points to 17,434.91.
• The FBM Emas Index appreciated 17.18 points to 12,160.71.
• The FBM Top 100 Index widened 21.58 points to 11,954.73.
• The FBM Emas Shariah Index accumulated 34.76 points to 12,047.77.
• The FBM ACE Index improved 18.61 points to 5,501.58.

Sector performance was mixed:

• The Energy Index gained 9.45 points to 844.46.
• The Industrial Products and Services Index grew 1.10 points to 178.83.
• The Plantation Index ticked up 2.75 points to 9,029.32.
• The Financial Services Index fell 26.33 points to 19,034.58.

–NMT