The FBM KLCI edged down 0.2% last week to close at 1,558.23 points, primarily due to profit-taking in technology stocks. Investor sentiment was dampened by growing concerns over a potential global economic slowdown, impacting market performance.
Kuala Lumpur, March 1, 2026 – The FBM KLCI concluded last week with a marginal dip, closing at 1,558.23 points, a 0.2% decline from the previous week. The technology sector was the primary drag, with local tech giants like Inari Amertron (INARI) and Malaysian Pacific Industries (MPI) falling by 3.5% and 2.8% respectively, mirroring weaknesses in the Nasdaq. Analysts attribute the cautious sentiment to growing concerns over a global economic slowdown and uncertainties surrounding the US Federal Reserve's future interest rate policies. Despite this, banking stocks such as Maybank and CIMB showed relative resilience, providing some support to the index. The market is expected to remain watchful this week, with upcoming economic data and corporate earnings reports likely to influence investor decisions.
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