The KLCI closed marginally higher today, up 0.15% to 1,555.20 points, buoyed by strong performance from banking giants like Maybank and CIMB. However, overall market sentiment remained cautious due to mixed regional market performance, with trading volume slightly subdued.
On February 24, 2026, the Kuala Lumpur Composite Index (KLCI) closed at 1,555.20 points, marking a modest gain of 2.33 points or 0.15%. The market's performance today was primarily bolstered by banking stocks, with Maybank rising 0.8% to RM9.25 and CIMB climbing 1.1% to RM6.78. Despite the steady performance of blue-chip counters, overall market sentiment remained cautious as investors adopted a wait-and-see approach amidst global economic uncertainties and mixed regional market performances in Singapore and Hong Kong. Trading volume was slightly lower than yesterday, indicating that investors are awaiting clearer market catalysts. Analysts anticipate the KLCI to consolidate within the 1,540 to 1,565 point range in the short term.
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