KLCI Closes Up 0.35% on Friday, Boosted by Banking Stocks

March 13, 2026

Market Updates

Bursa Malaysia

The Kuala Lumpur Composite Index (KLCI) edged up 0.35% to close at 1,548.20 points on Friday, primarily driven by robust performance in banking stocks. Investor sentiment remained cautious ahead of upcoming economic data releases, despite positive domestic cues. The broader market saw mixed activity, with volume remaining moderate.

The Kuala Lumpur Composite Index (KLCI) closed 5.42 points higher at 1,548.20, marking a 0.35% increase. The banking sector led the gains, with Maybank rising 0.8% to RM9.25 and CIMB Group gaining 1.1% to RM6.88. Market volume stood at 3.85 billion shares valued at RM2.73 billion. Despite global market concerns stemming from US inflation data, local investors remained optimistic about Malaysia's economic recovery prospects. Analysts noted that the resilience in banking stocks reflects expectations of improved corporate earnings and net interest margins in the upcoming quarters.

View Source: Bursa Malaysia

Related News

March 20, 2026

KLCI Dips 0.25% to 1548.7 Points Amid Cautious Investor Sentiment

Malaysia's stock market closed slightly lower today, with the KLCI index dipping 0.25% to 1548.7 points on light trading volume. Investors adopted a cautious stance, awaiting global economic cues and upcoming corporate earnings reports, leading to subdued market activity.

March 20, 2026

KLCI Closes 0.5% Higher, Boosted by Banking and Tech Stocks

The Kuala Lumpur Composite Index (KLCI) rose 7.8 points today to close at 1535.2, driven by strong performances in the banking and technology sectors. Investor sentiment remained positive amid active trading volumes, suggesting continued confidence in the market's trajectory. Regional cues also played a role in the upward movement, with positive spillover from other Asian markets.

March 20, 2026

KLCI Climbs 0.45% as Banking Stocks Lead Gains

The Kuala Lumpur Composite Index (KLCI) closed up 0.45% at 1548.20 points today, primarily driven by strong performance in banking stocks. Investor sentiment remained cautiously optimistic, awaiting next week's US Federal Reserve meeting minutes.