The FBM KLCI snapped a four-day losing streak on Monday, 14 September 2026. The index closed at an intraday high of 1,698.01, up 11.27 points or 0.66% from Friday’s 1,686.74. About half the KLCI constituents rose as buyers stepped into banks after last week’s flush below 1,700. Breadth did not confirm the bounce: 421 gainers vs 764 losers. Turnover shrank to 3.18 billion shares worth RM2.79 billion.
Open 1,686.65, low 1,682.49, then a grind to the high. FBM Emas and Top 100 finished up; Mid 70 and ACE did not. Telecoms led sectors; technology lagged. ACE newcomer UNIPAC listed and closed 31 sen vs a 35 sen IPO price.
Movers and Shakers
Heavyweights
- CIMB +18 sen to RM7.97
- Maybank +8 sen to RM10.46
- Public Bank +5 sen to RM4.85
- Tenaga +4 sen to RM13.64
- IHH +11 sen to RM7.76
Top gainers
- Hong Leong Bank +30 sen to RM23.38
- Hong Leong Industries +28 sen to RM17.00
- Hengyuan +21 sen to RM3.45
- IOI Corp +20 sen to RM4.93
- Naim +18 sen
Top losers
- MPI and Nestlé –70 sen each (RM40.00 and RM91.30)
- Allianz –66 sen to RM21.52
- UWC –34 sen to RM6.26
- F&N –32 sen to RM23.24
Most active
Zetrix AI –0.5 sen to 24.5 sen; Top Glove +3 sen to 83 sen; Jaks; AHB; Ni Hsin. Gloves held last week’s rubber-supply bid.
Policy and global cues (on/before 14 Sep 2026)
No new BNM decision. OPR stays 2.75%.
This is a shortened local week into the US FOMC on 15–16 September. After last week’s hot PPI and a sticky August CPI (+0.4% m/m, +3.4% y/y), markets had priced a high chance of a 25 bp Fed hike — the first since 2023 if it lands. Bank of Japan is also due. Brent had been above US$104–107 on West Asia supply risk; HLIB flagged a path toward US$120 if Saudi disruptions worsen. Foreign funds were still net sellers into early September (YTD outflow cited around RM5.3 billion). Local retail and institutions absorbed some of Friday’s dump.
Analysts said valuations after the four-day slide could support more bargain hunting in banks, but oil, yields and the Fed cap how far 1,700 can be reclaimed this week.
Read-through
A heavyweight-led bounce, not a broad risk-on day. 1,682 held. Close just under the 1,700 line that broke on Friday. Next test is a clean reclaim of 1,700–1,705; failure leaves 1,680–1,676 in play.
Support: 1,682–1,676. Resistance: 1,700 then 1,714.