FBM KLCI Slips To 1,582.56 At Midday Amid Regional Weakness And Nvidia Jitters

KUALA LUMPUR, Nov 13 – Bursa Malaysia remained in negative territory at midday on Friday, November 13, 2026, as cautious investor sentiment mirrored weakness across most regional bourses and overnight selling pressure on Wall Street.

At 12:30 PM, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 3.40 points to 1,582.56 from Thursday’s close of 1,585.96. The benchmark index had earlier opened 0.47 points lower at 1,585.49 and traded within a 6.55-point range between 1,581.55 and 1,588.10 throughout the morning session.

Broader market breadth stayed negative, with 541 decliners outnumbering 294 advancers, while 468 counters traded unchanged, 2,784 remained untraded, and 16 were suspended. Midday turnover stood at 1.59 billion units valued at RM948.03 million.

Regional Bourses and Wall Street AI Reassessment

Performance across major Asia-Pacific markets was mixed but predominantly lower at midday:

• Singapore (Straits Times Index): Shed 0.88 percent to 5,236.06.
• Hong Kong (Hang Seng Index): Lost 0.92 percent to 23,786.48.
• South Korea (KOSPI Composite Index): Slid 0.76 percent to 5,302.08.
• China (Shanghai Composite Index): Added 0.22 percent to 3,663.71.
• Japan (Nikkei 225): Advanced 0.87 percent to 61,350.99.

Overnight on Wall Street, equities came under renewed selling pressure as Nvidia’s leadership crisis intensified, triggering a broad reassessment of risk across the artificial intelligence investment ecosystem after Nvidia announced on November 12 that co-founder Jensen Huang had resigned as president, chief executive officer, and board member with immediate effect.

Heavyweights, Active Counters, and Movers

• Heavyweight Performance: CIMB Group Holdings Bhd fell four sen to RM7.05 and Tenaga Nasional Bhd lost 18 sen to RM12.62, while Public Bank Bhd held steady at RM4.53. Conversely, IHH Healthcare Bhd climbed 10 sen to RM7.94 and Malayan Banking Bhd (Maybank) edged up one sen to RM9.92.
• Active Counters: MMAG Holdings Bhd shaved off half a sen to 3.5 sen, CHB Engineering Holding sank 14 sen to 68 sen, and V.S. Industry Bhd edged down one sen to 27.5 sen, while Zetrix AI Bhd and Nexgram Holdings Bhd remained flat at 5.5 sen each.
• Top Gainers: P.I.E. Industrial Bhd led advancers, climbing 18 sen to RM1.68, followed by United Plantations Bhd up 16 sen to RM31.76, Sarawak Oil Palms Bhd adding 14 sen to RM5.45, and Hengyuan Refining Company Bhd and Master-Pack Group Bhd rising 13 sen apiece to RM2.73 and RM1.55 respectively.
• Top Decliners: UMS Integration led losses, falling 34 sen to RM6.86, while Sunway Construction Group Bhd dipped 33 sen to RM7.74 and Allianz Malaysia Bhd erased 30 sen to RM19.16. Kuala Lumpur Kepong Bhd and Dutch Lady Milk Industries Bhd gave up 22 sen each to RM21.16 and RM28.28 respectively.

Broader Market and Sectoral Indices

• FBM Emas Index: Fell 25.02 points to 11,763.07.
• FBM Top 100 Index: Declined 25.38 points to 11,593.87.
• FBM Emas Shariah Index: Dropped 31.47 points to 11,741.79.
• FBM ACE Index: Slid 76.49 points to 5,110.42.
• FBM Mid 70 Index: Slipped 38.79 points to 16,909.78.
• Financial Services Index: Dropped 23.27 points to 18,433.52.
• Plantation Index: Declined 22.13 points to 8,897.14.
• Industrial Products & Services Index: Edged down 0.33 points to 170.69.
• Energy Index: Rose 1.18 points to 783.00.

Midday Index Summary, Turnover Figures, and Market Movers

Key midday trading metrics, regional benchmarks, and stock movements include:

• FBM KLCI Midday Level (12:30 PM): 1,582.56 (-3.40 points from Thursday’s 1,585.96 close; morning range: 1,581.55 – 1,588.10).
• Midday Market Turnover: 1.59 billion units traded valued at RM948.03 million.
• Market Breadth: Negative (541 Losers vs. 294 Gainers, 468 Unchanged).
• Top Gainer & Decliner: P.I.E. Industrial (+18 sen to RM1.68); UMS Integration (-34 sen to RM6.86).
• Sectoral & Global Drivers: Wall Street AI risk reassessment following Nvidia CEO Jensen Huang’s Nov 12 resignation, while Energy (+1.18 points to 783.00) served as the sole advancing sector on Bursa Malaysia.

–NMT