Breaking
Outrage as China programmer’s toilet death ruled non-work-related for being ‘not at desk’Social assistance spending rises 6.1% in 2025PalawanPay targets physical card rollout in Q4Kelas Sekejap: KJ and Shahril Hamdan's AI learning app expands to schools and enterprisesUniversity students in Malaysia get free Google AI Plus for 12 months: how to redeemPoverty rate falls to single digits in 2025Chinese insurer Ping An eyes Hong Kong ETFs as Beijing greenlights cross-border investmentSickKids discloses data breach exposing employee and job applicant detailsGitLab’s critical CVE-2026-19478 is under active exploitation within days of disclosure.Khazanah affirms governance push after third-quarter board meetingQR code payments launched for ShopeePay users in ChinaBanjarbaru delays school start times as haze worsensLuxury sales drop more than 10% in China as tax crackdown bitesCDL net profit surges 230.7% in first half on Lumina Grand recognitionTrade Minister sets US$25 billion Trade Expo Indonesia 2026 targetTeladan Group swings to RM9.31 million profit in 2QFY2026 on higher progressive billingsAI Living @ i-City to launch in Shah Alam with four agenciesNevada approves 8,000 robotaxis for Tesla, Uber and WaymoAI data startup Micro1 reaches $500M gross run rate amid AI training boomMan jailed and caned for stabbing Singapore priest during communionOutrage as China programmer’s toilet death ruled non-work-related for being ‘not at desk’Social assistance spending rises 6.1% in 2025PalawanPay targets physical card rollout in Q4Kelas Sekejap: KJ and Shahril Hamdan's AI learning app expands to schools and enterprisesUniversity students in Malaysia get free Google AI Plus for 12 months: how to redeemPoverty rate falls to single digits in 2025Chinese insurer Ping An eyes Hong Kong ETFs as Beijing greenlights cross-border investmentSickKids discloses data breach exposing employee and job applicant detailsGitLab’s critical CVE-2026-19478 is under active exploitation within days of disclosure.Khazanah affirms governance push after third-quarter board meetingQR code payments launched for ShopeePay users in ChinaBanjarbaru delays school start times as haze worsensLuxury sales drop more than 10% in China as tax crackdown bitesCDL net profit surges 230.7% in first half on Lumina Grand recognitionTrade Minister sets US$25 billion Trade Expo Indonesia 2026 targetTeladan Group swings to RM9.31 million profit in 2QFY2026 on higher progressive billingsAI Living @ i-City to launch in Shah Alam with four agenciesNevada approves 8,000 robotaxis for Tesla, Uber and WaymoAI data startup Micro1 reaches $500M gross run rate amid AI training boomMan jailed and caned for stabbing Singapore priest during communion
Finance

Bursa Malaysia ends higher as crude lifts commodity plays

Bursa Malaysia’s FBM KLCI rose 10.15 points, or 0.59%, to close at 1,741.61 as utilities and petrochemical stocks gained on crude oil near US$90 a barrel.

Source: thestar.com.my · KLSE Screener · The Star · August 12, 2026 at 10:37 PM · AI-assisted report

Single-source

KUALA LUMPUR, 13 AUGUST 2026 —

Listen to this article

DomainFork Audio · read aloud

Bursa Malaysia’s FBM KLCI rose 10.15 points, or 0.59%, to close at 1,741.61 as utilities and petrochemical stocks gained on crude oil near US$90 a barrel.

Market Impact

Turnover climbed to 3.70 billion shares worth RM3.27 billion, up from Tuesday’s 3.43 billion shares valued at RM2.94 billion. Advancers led decliners 661 to 512, with 600 counters unchanged, 1,014 untraded and 13 suspended.

The index opened at 1,731.47, dipped to an intraday low of 1,728.64, then rebounded on late buying to finish at the session high. Mohd Sedek Jantan, director of investment strategy and country economist at IPPFA Sdn Bhd, said the gains reflected rotation into commodity-linked sectors as oil prices approached US$90 per barrel.

“This rotation has become more evident over the past two months as geopolitical risks kept energy prices elevated,” he said. “Utilities and petrochemicals led the move, broadly in line with the market’s recent trend.”

He cautioned that higher crude oil prices had weighed on broader Asian sentiment, with most regional equity markets ending lower as investors reassessed the inflation and earnings impact of elevated energy costs.

An analyst, who declined to be named, expects the FBM KLCI to maintain upward momentum supported by domestic fundamentals, corporate earnings and sustained buying in defensive and commodity-related counters. “However, geopolitical uncertainties and global market volatility could limit further gains and trigger profit-taking,” the analyst said.

Among heavyweights, Tenaga Nasional Bhd led gainers with a 24-sen advance to RM14.58, while Malayan Banking Bhd added four sen to RM10.60, CIMB Group Holdings Bhd rose three sen to RM7.92 and Public Bank Bhd was flat at RM5.19. IHH Healthcare Bhd ended unchanged at RM8.35.

On the most active list, Dagang Nexchange Bhd gained 3.5 sen to 53 sen, Nexgram Holdings Bhd rose half a sen to six sen, Zetrix AI Bhd added 2.5 sen to 74 sen, Top Glove Corp Bhd edged up half a sen to 66.5 sen and VS Industry Bhd slipped half a sen to 24 sen.

Top gainers outside the heavyweights included United Plantations Bhd, up 40 sen to RM33.60, Nestle (M) Bhd, up 30 sen to RM102.90, UMS Integration Ltd, up 28 sen to RM8.15, Hengyuan Refining Co Bhd, up 25 sen to RM1.95, and Petronas Chemicals Group Bhd, up 21 sen to RM4.65.

The worst performers were Malaysian Pacific Industries Bhd, down 60 sen to RM47.50, Hong Leong Industries Bhd, down 34 sen to RM17.64, Ideal Capital Bhd, down 17 sen to RM3.50, THMY Holdings Bhd, down 15 sen to RM1.86, and Batu Kawan Bhd, down 14 sen to RM20.74.

Related: Bursa Malaysia · Mohd Sedek Jantan · KUALA LUMPUR

Reporting based on thestar.com.my · KLSE Screener · The Star. Figures and claims are subject to revision as the story develops. DomainFork publishes editorial context, not investment advice — see our editorial standards.