Selective Banking Buying Lifts Bursa Malaysia Marginally Higher At Closing

KUALA LUMPUR, Nov 3 – Bursa Malaysia’s benchmark index closed marginally higher on Tuesday, November 3, 2026, supported by selective buying in banking heavyweights, though broader market sentiment remained subdued due to ongoing selling pressure across technology stocks.

At the 5:00 PM market close, the FTSE Bursa Malaysia KLCI (FBM KLCI) edged up 2.34 points or 0.14 per cent to end at 1,621.85, compared to Monday’s closing level of 1,619.51.

The key index opened 1.25 points higher at 1,620.76 and traversed an intraday trading range between a low of 1,616.19 and a high of 1,625.88 throughout the session.

Despite the gains in the main benchmark, overall market breadth ended in negative territory as decliners outpaced gainers 652 to 403.

A total of 502 counters traded unchanged, 1,166 remained untraded, and 11 were suspended. Total daily market volume reached 2.63 billion units valued at RM2.64 billion, compared with 2.65 billion units worth RM2.10 billion recorded on Monday.

Major financial institution heavyweights anchored the day’s gains, with Malayan Banking Bhd (Maybank) and CIMB Group Holdings Bhd advancing six sen each to RM10.04 and RM6.98, respectively, while Public Bank Bhd picked up two sen to RM4.81. Conversely, Tenaga Nasional Bhd slipped 14 sen to RM13.16, and IHH Healthcare Bhd erased nine sen to RM7.76.

Leading the top gainers table, Fraser & Neave Holdings Bhd surged 92 sen to RM21.20, United Plantations Bhd added 58 sen to RM29.88, while RHB Bank Bhd and AMMB Holdings Bhd climbed 21 sen each to RM7.71 and RM6.48, respectively. Hong Leong Bank Bhd also posted strong gains, rising 16 sen to RM21.34.

On the losing end, Petronas Dagangan Bhd dropped 50 sen to RM19.28, Kelington Group Bhd dipped 33 sen to RM8.17, Malaysian Pacific Industries Bhd (MPI) decreased 28 sen to RM39.50, Nestle (Malaysia) Bhd shed 24 sen to RM95.88, and Mi Technovation Bhd gave up 10 sen to RM6.20.

Daily Closing Metrics, Sector Performance, and Market Breakdown

Key closing indicators, sectoral indices, and market breakdown metrics include:

• FBM KLCI Closing: Rose 2.34 points (+0.14%) to 1,621.85 from 1,619.51 (Intraday range: 1,616.19 – 1,625.88).
• Market Breadth & Volume: Decliners led advancers 652 to 403, with 502 counters unchanged; total volume reached 2.63 billion shares valued at RM2.64 billion.
• Active Trade Counters: Nexgram (+0.5 sen to 6 sen), Aizo (+2.5 sen to 7 sen), AirAsia (+1.5 sen to 46 sen), Ni Hsin (-1.5 sen to 32.5 sen), and GIIB (-0.5 sen to 49.5 sen).
• Sectoral Performance: Financial Services expanded 147.51 points to 18,716.91 and Plantation gained 67.42 points to 8,769.65, while Energy dropped 9.89 points to 827.00 and Industrial Products & Services fell 1.19 points to 177.58.

–NMT