The FBM KLCI put in its best session in days on Tuesday, 22 September 2026. The index closed at 1,683.50, up 16.56 points or 0.99% from Monday’s 1,666.94. Open 1,669.74, high 1,684.34, low 1,665.23. That recaptures the 1,670–1,680 band Rakuten had been watching.
Breadth was clean: 678 gainers vs 458 losers. Turnover 3.57 billion shares, value RM3.15 billion. FBM Mid 70 and FBM Emas both rose hard with the benchmark — not another mid-cap-only day.
Movers and Shakers
Heavyweights
- CIMB +25 sen to RM7.90
- IHH +38 sen to RM8.00
- Maybank +6 sen to RM10.44
- Tenaga +6 sen to RM13.10
- Public Bank +5 sen to RM4.84
Top gainers
- Hong Leong Bank +48 sen to RM23.38
- MPI +40 sen to RM43.20
- Stratus Global +37 sen
- MI Technovation +33 sen to RM5.99
- APM +29 sen
Top losers
- Nestlé –54 sen to RM89.16
- Allianz –20 sen
- Petronas Dagangan –18 sen to RM20.14
- Sunway Healthcare –12 sen
Most active
Zetrix AI +0.5 sen to 20.5 sen; AirAsia +4.5 sen to 57.5 sen; Capital A +3 sen to 27 sen. AIMAX and Jaks flat. Northern Solar was a story name earlier (intraday spike toward 95.5 sen).
Policy and global cues (on/before 22 Sep 2026)
No new BNM decision. OPR still 2.75%. Last week’s Fed hike (3.75–4.00%) and BoJ hike (1.25%) remain the rate backdrop.
Trump–Xi: investors positioned for a Washington meeting later this week. Risk appetite improved with Asia. Brent slipped toward/below US$100 as Hormuz flows looked more stable — that eased the inflation overlay that had been crushing the KLCI. US tech strength overnight helped semiconductors (MPI, MI).
Rakuten range for the rest of the week: 1,670–1,700.
Read-through
This is the first proper bounce after the post-Fed, post-Malaysia Day grind lower. Banks and healthcare did the index work; energy/consumer names still mixed. 1,684 high is the first test. A hold above 1,670 keeps the repair trade alive; a fail opens 1,655 again.
Support: 1,670 then 1,661. Resistance: 1,684–1,700.