Bursa opens higher on resilient domestic fundamentals
Bursa opens higher on resilient domestic fundamentals Free Malaysia Today
Source: Free Malaysia Today · August 26, 2026 at 2:00 AM · AI-assisted report
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BURSA MALAYSIA, KUALA LUMPUR, 26 AUGUST 2026 —
Bursa Malaysia Opens Higher Amid Strong Domestic Fundamentals
Market Impact
KUALA LUMPUR — Bursa Malaysia opened higher on Wednesday, supported by resilient domestic fundamentals, though cautious investor sentiment amid the ongoing earnings season may limit gains. At 9:05 a.m., the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 2.86 points to 1,739.19 from Monday’s close of 1,736.33. The market was closed on Tuesday for Prophet Muhammad’s birthday.
The benchmark index had opened 3.07 points higher at 1,739.40. Market breadth was positive, with gainers outnumbering losers 203 to 184. A total of 332 counters were unchanged, 2,135 untraded, and 49 suspended. Turnover stood at 180.39 million shares valued at RM141.92 million.
Apex Securities Bhd noted that the FBM KLCI is expected to trade cautiously with a mildly positive bias, driven by resilient domestic fundamentals. However, the ongoing earnings season may keep investors selective, with corporate results and company developments influencing individual stock performance. “Meanwhile, easing US Treasury yields and lower geopolitical tensions may provide some relief to risk sentiment, although external uncertainties could continue to cap market upside,” the firm said in a note. “Overall, we expect trading to remain selective, with stronger earnings likely to provide the key catalyst for individual counters and the broader market.”
Among heavyweights, Malayan Banking Bhd (Maybank) added two sen to RM10.58, while Public Bank Bhd and CIMB Group Holdings Bhd advanced four sen each to RM5.14 and RM8.00, respectively. Tenaga Nasional Bhd lost eight sen to RM14.22, while IHH Healthcare Bhd remained flat at RM8.15.
On the most active list, NationGate Bhd rose 11 sen to RM1.60, while Ni Hsin Bhd and Asteel Bhd were 1.5 sen higher at 16 sen and nine sen, respectively. Zetrix AI Bhd edged up one sen to 66.5 sen, and VS Industry Bhd gained half a sen to 22.5 sen.
Top gainers included Malaysian Pacific Industries Bhd, which surged 34 sen to RM41.84, while Nestlé (Malaysia) Bhd and Allianz Malaysia Bhd jumped 20 sen each to RM104.20 and RM21.90, respectively. Plenitude Bhd added nine sen to RM1.60, and Vitrox Corp Bhd gained eight sen to RM9.08.
Among the top losers, Batu Kawan Bhd shed 40 sen to RM20.60, while United Plantations Bhd and Hong Leong Bank Bhd slid 20 sen each to RM31.92 and RM22.76, respectively. Kuala Lumpur Kepong Bhd slipped 14 sen to RM21.78, and Petronas Dagangan Bhd gave up 12 sen to RM19.88.
For the broader indices, the FBM ACE Index rose 10.61 points to 5,309.19, the FBM 70 Index climbed 30.28 points to 18,099.53, and the FBM Emas Shariah Index increased 14.47 points to 12,643.84. The FBM Emas Index improved 22.19 points to 12,840.79, while the FBM Top 100 Index gained 20.89 points to 12,656.68.
By sector, the Financial Services Index surged 45.67 points to 20,316.09, while the Industrial Products and Services Index edged up 0.05 point to 187.11. However, the Plantation Index fell 27.93 points to 9,482.50, and the Energy Index erased 3.96 points to 773.48.