FBM KLCI Closes 0.35% Higher at 1,552 Points, Buoyed by Banking Stocks

February 24, 2026

Market Updates

The Edge Markets

On Feb 24, the FBM KLCI rose 0.35% to 1,552.10 points, primarily driven by positive performances from banking heavyweights like Maybank and CIMB. Market sentiment remained cautiously optimistic, with moderate trading volume observed throughout the day.

Kuala Lumpur stock market showed positive momentum today, with the FBM KLCI gaining 5.43 points to close at 1,552.10. The banking sector was a key driver, as Maybank climbed 0.8% to RM9.85 and CIMB also recorded a 0.6% increase to RM6.70. Investors are awaiting upcoming corporate earnings reports but confidence in domestic economic recovery underpinned the market. Despite lingering global economic uncertainties, sustained buying interest from local institutional investors provided support. Trading volume stood at 3.5 billion shares worth RM2.8 billion, indicating active market participation.

View Source: The Edge Markets

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