The FBM KLCI faded again on Thursday, 24 September 2026. The index closed at 1,673.64, down 2.79 points or 0.17% from Wednesday’s 1,676.43. Open 1,674.45, high 1,679.47, low 1,671.48. Midday it had poked 1,677.72; the close gave it back.
Breadth weak: 436 gainers vs 677 losers. Turnover 3.32 billion shares, value RM2.74 billion. Energy sector outperformed; semis and plantations did not.
Movers and Shakers
Heavyweights
- CIMB +3 sen to RM7.96
- IHH +6 sen to RM8.06
- Maybank –2 sen to RM10.12
- Public Bank –1 sen to RM4.82
- Tenaga –8 sen to RM13.06
Top gainers
- Nestlé +RM1.96 to RM91.46
- Ajinomoto +38 sen
- Pekat +24 sen
- Northern Solar +16 sen to RM1.18 (ACE-to-Main transfer in focus)
- MISC +15 sen
Top losers
- MPI –RM1.08 to RM43.50
- Batu Kawan –54 sen
- MI Technovation –32 sen
- Unisem –24 sen
- Pentamaster –23 sen
Most active
Zetrix AI +0.5 sen to 19 sen; NexG +5.5 sen; V.S Industry and Sunway Healthcare softer. YTL Power in the AI tape after YTL AI Labs + NVIDIA Nemotron-Personas-Malaysia dataset.
Policy and global cues (on/before 24 Sep 2026)
No BNM change. OPR 2.75%.
Trump–Xi: Xi in Washington. Treasury’s Bessent said the trade truce was extended two months to 10 Jan 2027 — shorter than the one-year rollover many had hoped for. China stocks had their worst day in a month. Rare earths and Taiwan still unresolved.
Oil / yields: Brent jumped back above US$105 after Iran’s president vowed no surrender (then left the door open to talks). US 10-year around 5.11%. That combo hit EM currencies and risk assets. Ringgit stayed soft near 4.08.
TA: range-bound; support 1,655, resistance 1,722. CGS still risk-off.
Read-through
The Tuesday bounce to 1,684 is fading. 1,671 held. A two-month truce is stability, not a risk-on green light. Semis reversed; consumer defensives (Nestlé) and a few energy names took the bid.
Support: 1,671 then 1,655. Resistance: 1,680–1,684.