KLCI Retreats Below 1,550 Amid Profit-Taking

February 23, 2026
Market Updates
Bursa Malaysia

The FBM KLCI closed down 0.45% at 1,548.70 on Monday, primarily due to profit-taking in banking and plantation counters. Market sentiment was cautious ahead of key inflation data expected later this week, leading to subdued trading volume.

KUALA LUMPUR, Feb 23, 2026 – The Malaysian stock market saw a weak performance on Monday, with the FBM KLCI closing down 6.97 points, or 0.45%, at 1,548.70. The decline was primarily driven by profit-taking activities in key banking and plantation stocks. Despite an early attempt to rebound, selling pressure intensified in the afternoon session. Trading volume remained relatively subdued at 3.25 billion shares valued at RM2.18 billion. Analysts noted that investors are exercising caution ahead of the Consumer Price Index (CPI) data release later this week, which could influence Bank Negara Malaysia's monetary policy outlook. Market breadth was negative, with decliners outnumbering gainers.
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