October 22, 2026

New Malaysia Times

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FBM KLCI Edges Higher At Midday Despite Mixed Broader Market Sentiment

Bursa Malaysia mixed midday FBM KLCI 1605 RedPlanet

KUALA LUMPUR, Oct 22 – Bursa Malaysia closed the morning trading session mixed on Thursday, October 22, 2026, as selective blue-chip buying provided underlying support for the main index despite cautious overall sentiment across the broader market.

At 12:30 PM, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 3.06 points, or 0.19 per cent, to close at 1,605.33 compared to Wednesday’s close of 1,602.27.

The index opened 2.49 points higher at 1,604.76 and fluctuated within a narrow range between 1,601.76 and 1,605.79 throughout the morning session.

Market breadth turned negative as decliners comfortably outpaced gainers 524 to 339, while 494 counters traded unchanged, 1,543 remained untraded, and 18 were suspended. Total trading turnover reached 2.58 billion units valued at RM1.03 billion.

Key stock movements and index performances across sectors included:

  • Heavyweight Financials & Utilities: Maybank gained four sen to RM9.99, while Public Bank and CIMB edged up one sen each to RM4.74 and RM7.15, respectively. Conversely, YTL Power slipped two sen to RM5.32 and Hong Leong Bank declined four sen to RM21.48.
  • Top Market Gainers: Port and plantation counters posted notable gains, led by Bintulu Port surging 30 sen to RM5.40, Kuala Lumpur Kepong (KLK) gaining 24 sen to RM20.32, United Plantations advancing 20 sen to RM30.46, and Hong Leong Industries adding 18 sen to RM16.22.
  • Top Market Decliners: Technology and industrial counters faced selling pressure, with Malaysian Pacific Industries (MPI) and Batu Kawan dropping 40 sen each to RM40.00 and RM19.08, respectively. MI Technovation shed 17 sen to RM6.46, while UMS Integration decreased 16 sen to RM7.34.
  • Active Stocks: ACE Market debutant RedPlanet surged eight sen to 27 sen, JAKS Resources gained half a sen to 17.5 sen, Zetrix AI closed flat at five sen, and V.S. Industry shed half a sen to 34 sen.
  • Sectoral & Broad Indices: The Plantation Index jumped 25.31 points to 8,645.43, the Financial Services Index rose 11.48 points to 18,620.17, and the Energy Index advanced 2.29 points to 823.52. Meanwhile, the FBM Mid 70 Index lost 62.59 points to 17,149.01, the FBM ACE Index fell 22.46 points to 5,358.17, and the FBM Emas Shariah Index dipped 3.37 points to 11,907.50.

–NMT