The FBM KLCI closed marginally higher on Friday, gaining 0.15% to 1568.23 points, with 3.85 billion shares traded. Investors remained cautious about the global economic outlook, but local institutional buying provided support. Technology stocks underperformed, while financial and energy counters saw slight gains.
KUALA LUMPUR, Feb 28, 2026 – The FBM KLCI closed marginally higher on Friday, gaining 2.35 points to 1568.23, bringing its weekly gain to 0.5%. Market activity was robust, with 3.85 billion shares valued at RM2.87 billion changing hands. Despite a generally subdued regional market, local institutional buying in banking and energy counters helped to cushion selling pressure. The technology index fell by 0.8%, influenced by a correction in US tech stocks. Analysts anticipate the market to trade within the 1560-1575 range next week, awaiting further economic data and corporate earnings reports for direction.
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