Strong Banking Interest Lifts FBM KLCI Over 19 Points At Mid-Morning Ahead Of BNM OPR Decision

KUALA LUMPUR, Nov 5 – Bursa Malaysia maintained a strong upward momentum at mid-morning on Thursday, November 5, 2026, driven by robust buying across all major banking heavyweights ahead of Bank Negara Malaysia’s (BNM) final Overnight Policy Rate (OPR) announcement of the year.

At 11:03 AM, the FTSE Bursa Malaysia KLCI (FBM KLCI) jumped 19.88 points, or 1.23 per cent, to trade at 1,636.44 compared to Wednesday’s close of 1,616.56.

The benchmark index opened 6.72 points higher at 1,623.28.

Despite the surge in the primary index, broader market sentiment remained mixed, with decliners outnumbering advancers 546 to 430. A total of 405 counters were unchanged, 1,380 untraded, and 10 suspended. Total market turnover reached 1.84 billion units valued at RM1.09 billion.

Banking and financial stocks led the morning rally as investors positioned themselves across the financial sector ahead of the central bank’s rate stance update:

• Banking Heavyweights: CIMB Group Holdings Bhd surged 24 sen to RM7.15, Malayan Banking Bhd (Maybank) climbed 22 sen to RM10.12, Public Bank Bhd advanced 13 sen to RM4.90, Hong Leong Bank Bhd jumped RM1.08 to RM22.32, and Hong Leong Financial Group Bhd gained 52 sen to RM17.98.
• Other Leading Gainers: Consumer heavyweight Nestle (Malaysia) Bhd led top gainers by jumping RM1.66 to RM95.16, Fraser & Neave Holdings Bhd expanded 60 sen to RM21.56, United Plantations Bhd added 46 sen to RM30.46, and IHH Healthcare Bhd picked up 10 sen to RM7.79. Tenaga Nasional Bhd eased four sen to RM13.10.
• Active Trading Counters: AirAsia (Capital A airline brand) rose 8.5 sen to 54 sen, Capital A Bhd gained three sen to 26 sen, Jaks Resources Bhd slipped one sen to 12 sen, Aizo Group Bhd dropped half a sen to six sen, and GIIB Holdings Bhd lost six sen to 35.5 sen.
• Top Decliners: Technology and industrial counters faced selling pressure. Malaysian Pacific Industries Bhd (MPI) fell RM1.60 to RM39.02, Hengyuan Refining Company Bhd dropped 62 sen to RM3.00, ViTrox Corp Bhd lost 36 sen to RM10.54, while UWC Bhd and Petronas Chemicals Group Bhd dropped 34 sen each to RM6.86 and RM4.36, respectively.

Mid-Morning Market Figures, Index Performance, and Sectoral Summary

Key mid-morning market metrics, index board movements, and sectoral indicators include:

• FBM KLCI Mid-Morning Level: 1,636.44 (+19.88 points or +1.23%; Opening level: 1,623.28).
• Market Breadth & Volume: 430 gainers, 546 decliners, 405 unchanged; Total volume: 1.84 billion shares worth RM1.09 billion.
• Index Board Movement: Financial Services Index leapt 524.93 points to 19,111.25, FBM Emas Index surged 83.80 points to 12,161.78, FBM Top 100 Index soared 96.49 points to 11,981.57, FBM Emas Shariah Index gained 41.66 points to 12,062.77, and Plantation Index added 43.39 points to 8,805.27.
• Declining Indices: FBM Mid 70 Index tumbled 65.64 points to 17,445.61, FBM ACE Index lost 25.46 points to 5,395.32, Energy Index fell 24.64 points to 803.28, and Industrial Products and Services Index edged down 1.79 points to 176.42.

–NMT