Late Buying Lifts FBM KLCI To Close Marginally Higher At 1,613.87

KUALA LUMPUR, Oct 28 – Late buying in selected heavyweight stocks, particularly within the utility sector, helped Bursa Malaysia close marginally higher on Wednesday, October 28, 2026, aligning with positive regional market trends.

At the 5:00 PM closing bell, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 2.02 points, or 0.13 percent, to finish at 1,613.87, up from Tuesday’s close of 1,611.85.

The key index opened 2.64 points higher at 1,614.49 and traded between an intraday low of 1,609.44 and a high of 1,615.87 during the session.

Market breadth remained positive across the broader market, with gainers outpacing losers 658 to 418, while 524 counters were unchanged, 1,267 untraded, and 104 suspended.

Total market turnover declined to 3.16 billion units valued at RM2.28 billion, compared to Tuesday’s volume of 3.37 billion units worth RM3.10 billion.

Heavyweight Utility Gains, Top Market Movers, and Sector Index Breakdown

Key stock performances, active trading trends, and sector index figures at the close include:

• Utility & Heavyweight Performance: YTL Power International spearheaded utility gains, jumping 17 sen to RM5.27, while YTL Corporation added 10 sen to RM2.15. Financial heavyweights Maybank and CIMB ended flat at RM9.99 and RM7.11, respectively, while Public Bank dropped four sen to RM4.71.
• Active Trading Counters: Zetrix AI and MAG closed flat at 8.5 sen and 15.5 sen, respectively. V.S Industry added one sen to 35.5 sen, Top Glove edged up half a sen to 97 sen, while GIIB Holdings eased 2.5 sen to 71 sen.
• Top Market Gainers: Nestle led the top gainers list, surging RM3.70 to RM97.98, followed by Malaysian Pacific Industries (up 84 sen to RM42.14), ViTrox (up 24 sen to RM11.06), and Sarawak Oil Palms and Fraser & Neave (both advancing 22 sen to RM5.50 and RM19.90, respectively).
• Top Market Losers: United Plantations topped the decliners, falling 38 sen to RM29.32, followed by Hong Leong Industries (down 28 sen to RM16.22), Ayer Holdings (down 25 sen to RM7.75), Westports (slipping 20 sen to RM6.88), and Dufu Technology (erasing 16 sen to RM3.01).
• Key Index Figures: The FBM Emas Index added 27.98 points to 12,067.27, the FBM Top 100 Index gained 24.75 points to 11,859.28, the FBM Mid 70 Index garnered 77.90 points to 17,448.02, the FBM Emas Shariah Index rose 31.41 points to 12,081.14, and the FBM ACE Index jumped 63.29 points to 5,481.92.
• Sector Index Movements: The Industrial Products and Services Index rose 2.12 points to 179.03, and the Energy Index climbed 0.63 of a point to 846.37. Conversely, the Financial Services Index dropped 21.79 points to 18,579.24, and the Plantation Index lost 7.43 points to 8,646.83.
• Market Volume Breakdown: Main Market volume contracted to 1.69 billion units worth RM1.99 billion. Technology counters led Main Market activity with 559.68 million shares traded, followed by industrial products and services (295.29 million) and consumer products and services (245.58 million).

–NMT