Bursa Malaysia opened higher today. It tracked Wall Street gains after Trump delayed a strike on Iran’s power grid. The FTSE Bursa Malaysia KLCI (KLCI) rose 2.97 points or 0.17%. It reached 1,723.68 at 9.05 am. This came from last Thursday’s close of 1,720.71. However, the index dipped at midday. It fell 14.41 points or 0.84% to 1,706.30. Trading volume stayed moderate. Gainers and losers were mixed. This shows ongoing volatility from geopolitical news and oil prices.
Movers and Shakers
The KLCI’s early rise came from selective buying in energy and tech stocks. For example, energy counters benefited from higher crude prices. Top gainers included:
- Paragon Union Berhad (PARAGON): Down 4 sen or 0.93% to RM4.24 (negative momentum noted).
- Vestland Bhd (VLB): Up 2 sen or 3.13% to 49.5 sen (positive momentum).
- Multi-Usage Holdings Bhd (MUH): Unchanged at 39 sen.
High-volume actives featured cyclicals and energy plays. Analysts keep the year-end target at 1,772-1,880 points. Reforms and earnings growth support this.
Policy Changes Impacting KLCI and Malaysia’s Market
No new policy announcements came out today. The Madani government continues its “year of implementation” push in 2026. The New Incentive Framework links manufacturing incentives to results. It began on March 1. The Capital Market Masterplan targets RM6.3 trillion market size by 2030. Budget 2026 keeps expanding SST and adds carbon tax. GEAR-uP aims for RM120 billion investments by 2028. This supports 4.3-4.5% GDP growth. OPR stays at 2.75%. Globally, US tariffs remain at 19% on Malaysia. Exemptions protect 60% of exports through the October 2025 deal.
Other News Potentially Impacting KLCI or Malaysia’s Market
The ringgit stayed stable near its 5-8 year high below RM4/USD. This boosts inflows. Manufacturing PMI hit a 20-month high of 50.2 in January. Producer prices fell 2.7% in December 2025. This shows low inflation. Q4 2025 GDP grew fast on domestic demand. 2026 growth forecast holds at 4.3-4.5%. AI data centres strengthen Malaysia as a China+1 hub. Renewables see more M&A. Industrial property leads the market. Sukuk issuance stays strong. Middle East tensions and oil volatility are watchpoints. Domestic reforms and oil reserve releases provide buffers.
Overall, the KLCI shows resilience. Selective buying helps. Domestic strengths support stability amid external volatility.
Alright, vn88lu… another one pops up. Has anyone actually used vn88lu? What’s the deal?
Alright, 6886winbet, let’s give it a shot! Heard some buzz, gonna see what the fuss is about. Fingers crossed! Check it out here: 6886winbet
Gonna try my luck on 66win3! Hope they have my favorite game! Cross your fingers, guys. Big win coming up! Take a shot and visit: 66win3