The FBM KLCI snapped a two-day rebound on Friday, 4 September 2026. The index closed at 1,708.10, down 7.03 points or 0.41% from Thursday’s 1,715.13. Dealers called it profit-taking after the midweek bounce, with plantation names the main drag. For the shortened post-Merdeka week the benchmark was down 1.03% from the 28 August close of 1,725.88.
It opened at 1,713.74, high 1,715.20, low 1,704.86. Breadth was slightly negative: 523 gainers vs 568 losers. Turnover was 4.33 billion shares worth RM2.98 billion. FBM 70, Emas and energy/construction were weaker; ACE and small caps finished firmer. Plantation was the weakest sector (about –1.6%). Telecoms held up.
Movers and Shakers
Heavyweights
- Tenaga Nasional –6 sen to RM13.62
- Maybank and Public Bank –2 sen each (RM10.56 and RM4.98)
- CIMB +1 sen to RM8.00
- IHH –4 sen to RM7.95
- Petronas Gas –36 sen to RM17.26
Top gainers
- Fraser & Neave +38 sen to RM24.76
- Nestlé +36 sen to RM94.84 (bounce after Thursday’s drop)
- Critical Holdings +17 sen
- Notion VTec +17 sen to 68.5 sen
- Vitrox +16 sen
Top losers
- United Plantations –96 sen to RM32.06
- Carlsberg –84 sen
- Heineken Malaysia –80 sen
- Petronas Dagangan, LPI and Hong Leong Bank –22 sen each
Most active
Zetrix AI +1.5 sen to 25.5 sen on 1.38 billion shares. Cuscapi, Salutica (+4 sen to 15.5 sen), Ingenieur Gudang and Notion.
Policy and backdrop (on/before 4 Sep 2026)
No new Malaysia rate move on Friday. Thursday’s BNM hold at 2.75% was already in the price. The next local catalyst investors were watching was the US August payrolls report due after the Friday Asia close — that kept books light. Middle East / oil headlines and a still-hawkish Fed path remained the external overlay. Foreign institutions had stayed net sellers into early September.
Other news that can affect the market
- BNM growth view: 1H GDP 5.7%, 2026 growth around 5%.
- OPR statement tone (dropped “appropriate”) left a later-hike option open; consensus still saw November as another hold.
- Construction still had Gamuda data-centre contract support from earlier in the week.
- Week context: Tuesday’s 1.47% drop to 1,700.54, then Wednesday–Thursday repair, Friday give-back.
Read-through
A two-day bounce stalled under 1,716. Planters that led Wednesday were sold; F&N and Nestlé bounced. Zetrix stayed the volume name. ACE outran the KLCI.
Support: 1,700–1,705. Resistance: 1,715–1,725. Next session after this print is Monday, 7 September.