KUALA LUMPUR, Sept 7 — Bursa Malaysia opened higher today, in line with the positive performance in some regional markets.
At 9.10 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 6.28 points, or 0.36 per cent, to 1,714.38 from Friday’s close of 1,708.10.
The benchmark index opened 1.60 points higher at 1,709.70.
Market breadth was positive, with gainers outnumbering losers 229 to 187. A total of 360 counters were unchanged, 2,012 untraded and 25 suspended.
Turnover stood at 285.58 million shares worth RM108.52 million.
Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said that despite the better performance, the benchmark index could continue to consolidate following the weaker Wall Street last Friday.
He said Wall Street ended lower as United States (US) job data came in stronger than anticipated, raising the possibility that the US Federal Reserve (Fed) could increase rates at the next Federal Open Market Committee (FOMC) meeting in mid-September.
As a result, the US 10-year Treasury yield inched higher to 4.784 per cent, Thong said.
Over in Hong Kong, the Hang Seng Index surged above the 25,600 level on optimism that the Fed may keep rates steady for now, he said.
The rally was mainly led by heightened buying interest in technology-related stocks, he said.
On the home front, Thong said the FBM KLCI weakened to below the 1,710 mark as selling persisted amongst the foreign funds. For the week, net foreign outflows amounted to RM870 million.
“In view of this, we expect the FBM KLCI to hover within the 1,700-1,715 range today,” he told Bernama.
Meanwhile, escalating tensions between the US and Iran have kept crude oil prices high, with Brent now at almost US$97 per barrel.
Among the heavyweights, PPB Group was up 11 sen to RM9.95, Maxis gained 4.0 sen to RM3.63, CelcomDigi rose 3.0 sen to RM2.73, Sunway Healthcare inched up 2.0 sen to RM2.10, and Hong Leong Bank added 22 sen to RM23.88.
On the most active list, HHRG increased 3.5 sen to 18 sen, Ingenieur Gudang eased one sen to 3.5 sen, Key Asic added one sen to 7.5 sen, Ni Hsin grew half a sen to 28.5 sen, and Notion Vtec bagged 3.0 sen to 71.5 sen.
Among the top gainers, Nestle garnered 26 sen to RM95.10, United Plantations gained 12 sen to RM32.18, Dufu Technology rose 11 sen to RM2.84, while Vitrox and Tenaga Nasional added 10 sen each to RM9.26 and RM13.72.
Among the top losers, Ta Ann shed 15 sen to RM6.04, AMMB Holdings declined 6.0 sen to RM6.89, Sarawak Oil Palms slid 5.0 sen to RM5.87, HPP Holdings reduced 3.5 sen to 29 sen, and Stratus Global fell 3.0 sen to RM2.76.
On the index board, the FBM Mid 70 Index rose 45.22 points to 17,814.42, while the FBM ACE Index gained 16.56 points to 5,234.03.
The FBM Emas Index advanced 40.85 points to 12,666.31, the FBM Top 100 Index strengthened 42.16 points to 12,471.42, and the FBM Emas Shariah Index added 47.77 points to 12,408.47.
Sector-wise, the Financial Services Index rose 57.72 points to 20,219.21, while the Plantation Index gained 4.02 points to 9,341.94.
The Industrial Products and Services Index edged up 0.43 of a point to 187.39, but the Energy Index eased 2.53 points to 803.09.
Meanwhile, Bursa Malaysia said in a market announcement that trading in the securities of Globaltec Formation Bhd has been halted from 9 am to 10 am today. — Bernama
Date: 7 September, 2026 10:21 am
Source: Malay Mail
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