Bursa Malaysia rebounds as KLCI climbs 12 points on bargain-hunting

BURSA MALAYSIA, 27 JULY 2026 —

KUALA LUMPUR — Bursa Malaysia’s FTSE Bursa Malaysia KLCI rose 12.07 points to 1,713.09 on bargain-hunting in banking and plantation heavyweights after the index’s recent pullback.

Decliners outnumbered gainers 547 to 531 as 563 counters ended unchanged. A further 1,132 stocks were untraded and 53 were suspended.

Turnover fell to 2.86 billion shares worth RM2.24 billion from 3.03 billion shares valued at RM2.30 billion on Friday.

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said regional markets finished broadly higher as Brent crude oil prices slid 7.93 per cent to US$89.22 a barrel, easing inflation and supply disruption fears.

“The retreat in oil prices helped investors rotate back into risk assets,” he told Bernama.

Thong maintained a cautious near-term outlook, noting that investors will likely remain selective ahead of US second-quarter 2026 gross domestic product data, June 2026 PCE inflation figures and the Federal Reserve’s next policy decision, all due by July 30.

“We expect the FBM KLCI to stay range-bound between 1,700 and 1,730 this week, with volatility likely to persist as geopolitical developments continue to sway market mood,” he said.

Heavyweight banks led the advance: CIMB Group rose 12 sen to RM7.80, Public Bank gained seven sen to RM5.18, and Maybank added 12 sen to RM10.90. Telco giant Telekom Malaysia surged 15 sen to RM7.70, while utility Tenaga Nasional climbed 10 sen to RM14.46.

Among the most actively traded issues, SNS Network Technology added 4.5 sen to 56 sen while AIMAX held at one sen. Tanco Holdings fell 1.5 sen to 24.5 sen, VS Industry dropped 1.5 sen to 23 sen, and Zetrix slid 1.5 sen to 68.5 sen.

At the top of the gainers list, Malaysian Pacific Industries jumped 98 sen to RM46.06, Nestlé rose 68 sen to RM91.30, Batu Kawan soared 38 sen to RM21.18, Petronas Gas added 30 sen to RM17.70, and Kelington climbed 20 sen to RM8.21.

Leading the laggards, Fraser & Neave fell 46 sen to RM27.84, United Plantations lost 42 sen to RM33.00, Ideal Capital dropped 24 sen to RM3.75, Dutch Lady Milk Industries shed 18 sen to RM31.82, and Chin Teck Plantations also fell 18 sen to RM11.16.

Broad indices also finished higher: the FBM Emas Index gained 73.64 points to 12,663.18, the FBMT 100 Index rose 79.71 points to 12,491.67, the FBM Mid 70 Index added 79.18 points to 17,970.02, the FBM Emas Shariah Index jumped 42.61 points to 12,486.86, while the FBM ACE Index eased 8.0 points to 4,918.87.

By sector, the Financial Services Index strengthened 183.56 points to 20,240.67, the Energy Index dipped 4.49 points to 769.34, the Industrial Products and Services Index slipped 1.02 points to 186.84, and the Plantation Index fell 16.47 points to 9,284.51.

Main Market volume declined to 1.53 billion shares worth RM1.96 billion versus 1.73 billion shares valued at RM2.06 billion on Friday. Warrant turnover rose to 868.06 million units worth RM144.18 million from 745.36 million units worth RM92.85 million previously.

ACE Market volume contracted to 461.04 million shares valued at RM157.34 million compared with 556.89 million shares worth RM149.98 million last Friday.

Sector turnover on the Main Market showed financial services at 71.21 million shares, industrial products and services at 337.99 million, technology at 423.46 million, property at 212.02 million, consumer products and services at 144.90 million, transportation and logistics at 28.94 million, healthcare at 49.83 million, and telecommunications and media at 21.57 million.

Plantation counters traded 26.44 million shares, utilities 16.64 million, construction 73.75 million, energy 105.55 million, real estate investment trusts 18.82 million, closed-end funds 410,200, and business trusts 126,300.

Related: Bursa Malaysia