Bursa Malaysia ends 0.04% lower ahead of US Fed meeting
KUALA LUMPUR: Bursa Malaysia ended marginally lower on Tuesday as investors stayed on the sidelines ahead of the US Federal Reserve’s policy meeting and quarterly earnings from major US technology stocks.
Source: The Star · bernama · July 28, 2026 at 12:20 PM · AI-assisted report
Single-sourceMALAYSIA, 28 JULY 2026 —
KUALA LUMPUR: Bursa Malaysia ended marginally lower on Tuesday as investors stayed on the sidelines ahead of the US Federal Reserve’s policy meeting and quarterly earnings from major US technology stocks.
The FTSE Bursa Malaysia KLCI slipped 0.61 point, or 0.04%, to 1,712.48 from Monday’s close of 1,713.09, after opening 1.14 points weaker at 1,711.95. The index traded between 1,703.83 and 1,715.02 during the session.
Turnover rose to 2.94 billion shares worth RM2.56 billion from 2.86 billion shares valued at RM2.24 billion the previous day.
IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan said cautious positioning reflected uncertainty over the Fed’s interest-rate path and whether AI-driven earnings from technology giants such as Meta Platforms, Microsoft, Amazon.com and Apple can justify current valuations.
“Even as Brent crude oil fell more than two percent, easing geopolitical risks and supply concerns, it failed to lift sentiment,” he told Bernama.
Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said regional markets were subdued as investors reassessed AI investment outlooks after reports that Nvidia’s AI financing commitments had exceeded US$750 billion.
“The news sparked a global semiconductor sell-off and weighed on regional sentiment,” he said.
Heavyweights were mixed: CIMB fell four sen to RM7.76, Public Bank rose one sen to RM5.19, Tenaga Nasional gained 20 sen to RM14.66, while Maybank and IHH Healthcare were unchanged at RM10.90 and RM8.34 respectively.
Among most actively traded stocks, VS Industry slipped one sen to 22 sen, SNS Network Technology and Dagang Nexchange each fell two sen to 54 sen and 43 sen, Tanco added 1.5 sen to 26 sen, and Zentrix AI up half a sen to 69 sen.
Top gainers included Nestlé, which rose RM2.36 to RM93.66, Ideal Capital jumped 25 sen to RM4, KLCC Property and REITs surged 15 sen to RM8.84, Hong Leong Bank climbed 20 sen to RM22.30, and Dutch Lady Milk Industries added 18 sen to RM32.
Leading decliners were Malaysian Pacific Industries, down RM2.06 to RM44, UMS Integration off 68 sen to RM7.22, Fraser & Neave lost 34 sen to RM27.50, Kelington fell 31 sen to RM7.90, and Allianz slumped 30 sen to RM21.
The FBM Emas Index lost 21.46 points to 12,641.72, the FBMT 100 fell 15.28 points to 12,476.39, the FBM Mid 70 dropped 68.16 points to 17,901.86, the FBM Emas Shariah eased 29.33 points to 12,457.53, and the FBM ACE declined 32.58 points to 4,866.29.
Sector moves saw the Energy Index drop 5.92 points to 763.42, the Industrial Products and Services Index ease 1.37 points to 185.47, and the Plantation Index fall 52.92 points to 9,231.59. The Financial Services Index gained 13.79 points to 20,254.46.
Main Market volume fell to 1.51 billion shares worth RM2.27 billion from 1.53 billion shares valued at RM1.96 billion on Monday. Warrants turnover rose to 978.15 million units worth RM126.23 million from 868.06 million units worth RM144.18 million.
On the ACE Market, volume shrank to 452.85 million shares worth RM159.81 million from 461.04 million shares valued at RM157.34 million.
Related: Bursa Malaysia · Malaysia
Malaysia Impact
The cautious trading sentiment may impact investor confidence in Malaysia, as the country's economy is closely tied to global market trends.