The KLCI closed the week at 1,552.30 points, up 1.2%, breaking the key 1,550 resistance level. Strong performance from banking and technology stocks, coupled with sustained foreign fund inflows, boosted the index. Analysts anticipate continued optimism driven by corporate earnings and economic recovery prospects.
KUALA LUMPUR, March 1, 2026 – The Malaysian FBM KLCI concluded the week with a strong performance, climbing 1.2% to close at 1,552.30 points, successfully breaching the critical 1,550 resistance level. This upward momentum was largely fueled by robust gains in the banking and technology sectors. Maybank saw its shares rise by 2.5%, while CIMB Group recorded an increase of 1.8%. Technology counters like Inari Amertron and Malaysian Pacific Industries (MPI) also contributed significantly, advancing 3.1% and 2.7% respectively. Market analysts highlighted sustained foreign fund inflows as a pivotal factor driving positive market sentiment. Investors are optimistic about the upcoming corporate earnings season, anticipating solid growth across most companies amidst an improving economic landscape. Despite global economic uncertainties, Malaysia's domestic economic resilience continues to provide a strong foundation for the market.
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