Malaysia's stock market ended higher last Friday, with the FBM KLCI gaining 0.35% to 1555.20 points. Banking stocks showed strong performance, boosting market sentiment. Investors remain optimistic about the economic recovery trajectory.
KUALA LUMPUR, Feb 28, 2026 – The Malaysian stock market displayed robust performance last Friday, with the benchmark FBM KLCI closing up 5.43 points, or 0.35%, at 1555.20 points. Total trading volume for the day reached 4.5 billion shares valued at RM3.2 billion. The banking sector was a key driver, with Maybank rising 1.2% to RM9.50 and CIMB gaining 1.5% to RM6.80. Analysts noted that market sentiment was buoyed by strong corporate earnings reports and continued optimism regarding domestic economic growth. Despite global economic uncertainties, the local market showed resilience, particularly in the financial and consumer sectors. The market is expected to continue monitoring upcoming economic data and corporate announcements this week.
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