Financial And Plantation Buying Lifts FBM KLCI Higher At Market Close

KUALA LUMPUR, Oct 30 – Bursa Malaysia ended the week on a positive note on Friday, October 30, 2026, driven by persistent buying in selected blue-chip counters—primarily financial services and plantation heavyweights—despite mixed market sentiment across regional exchanges.

At 5:00 PM, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) gained 4.44 points, or 0.28 percent, to close at 1,615.60 compared with Thursday’s close of 1,611.16.

The benchmark index opened 0.70 of a point higher at 1,611.86 and fluctuated between a low of 1,606.72 and a peak of 1,620.76 throughout the trading session.

Despite gains in the key index, broader market breadth remained negative, as decliners outpaced advancers 648 to 430, with 501 counters unchanged, 1,201 untraded, and 66 suspended.

Overall market turnover expanded to 3.15 billion units valued at RM2.68 billion, up from 2.95 billion units worth RM2.43 billion recorded on Thursday.

Stock Performers, Index Movements, and Sector Highlights

Key stock movements, index performances, and sector indices at Friday’s closing include:

• Heavyweight Stock Performers: Banking heavyweights Maybank, Public Bank, and CIMB each gained two sen to RM10.02, RM4.75, and RM6.91, respectively. Tenaga Nasional and IHH Healthcare traded flat to finish at RM13.30 and RM7.85.
• Active Volume Counters: Among active stocks, Zetrix AI lost 1.5 sen to 6.5 sen, GIIB Holdings plunged 18 sen to 36 sen, Ni Hsin fell 11 sen to 26 sen, JAKS Resources shed half a sen to 14.5 sen, and MAG stayed flat at 15.5 sen.
• Top Market Gainers: Plantation and automotive counters led the gainers list, with Kuala Lumpur Kepong surging 44 sen to RM20.96, Ayer Holdings adding 35 sen to RM8.10, APM Automotive Holdings gaining 25 sen to RM2.60, United Plantations putting on 22 sen to RM29.22, and Petronas Dagangan advancing 16 sen to RM19.50.
• Top Market Decliners: Technology-related counters experienced selling pressure, led by Malaysian Pacific Industries (down RM1.72 to RM39.78), Mega Fortris (dropping 52 sen to RM2.22), UWC (falling 49 sen to RM7.15), MI Technovation (losing 33 sen to RM6.53), and Hong Leong Bank (dropping 26 sen to RM21.14).
• Index Board Breakdown: The FBM Emas Index rose 5.84 points to 12,061.73 and the FBM Top 100 Index advanced 12.90 points to 11,863.86. On the other hand, the FBM Mid 70 Index fell 63.43 points to 17,420.69, the FBM Emas Shariah Index edged down 1.37 points to 12,082.91, and the FBM ACE Index slid 43.25 points to 5,403.91.
• Sector Index Results: The Plantation Index surged 60.52 points to 8,697.42, the Financial Services Index added 10.05 points to 18,547.99, the Energy Index gained 7.80 points to 852.16, and the Industrial Products and Services Index rose 0.98 of a point to 178.37.

–NMT