KLCI Edges Up 0.15% to 1512, Banking Stocks Provide Support

January 27, 2026
Market Updates
Bursa Malaysia

The KLCI closed marginally higher, gaining 2.27 points to 1512.15, amid cautious regional sentiment. Support was primarily derived from the financial sector, notably Maybank and CIMB.

The Kuala Lumpur Composite Index (KLCI) showed consolidation today, January 27, 2026, closing up 0.15% at 1512.15 points, lacking strong immediate catalysts. Trading volume remained steady. Banking stocks were the primary drivers, with Malayan Banking Bhd (Maybank) rising 0.8% to RM9.35 and CIMB Group Holdings Bhd gaining 0.6% to RM6.40. Conversely, energy counters faced pressure following a slight pullback in crude oil prices. Analysts noted that investor caution stemmed from anticipation surrounding the US Federal Reserve meeting later this week. Market breadth was slightly negative, with 450 losers against 400 gainers.
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