FBM KLCI Gains 0.35% on Friday, Tech Stocks Lead Rally

March 1, 2026

Market Updates

Bursa Malaysia

Malaysia's FBM KLCI closed 0.35% higher on Friday at 1,548.20 points. Technology stocks performed strongly, boosted by optimism over a global chip demand recovery, leading to positive investor sentiment.

Malaysia's FBM KLCI showed a steady performance in Friday's trading, gaining 5.42 points or 0.35% to close at 1,548.20 points. Total trading volume reached 4.25 billion shares valued at RM3.18 billion. The technology sector was among the best performers of the day, with the FBM Technology Index rising 1.2%. Growing optimism among investors regarding a global semiconductor industry recovery propelled major tech stocks like Inari Amertron (INARI) and Malaysian Pacific Industries (MPI) higher. Regional market sentiment was generally positive, providing support to the local market. Analysts anticipate increased market volatility next week, influenced by upcoming corporate earnings reports and global economic data.

View Source: Bursa Malaysia

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