KLCI Edges Higher, Boosted by Banking Stocks

February 5, 2026
Market Updates
The Edge Markets

On February 5, 2026, the Kuala Lumpur Composite Index (KLCI) edged up 0.35% to close at 1485.20 points, primarily supported by banking stocks. Investor sentiment remained cautious, yet optimistic about corporate earnings prospects. Trading volume was moderate, indicating a wait-and-see approach among market participants ahead of key economic data releases.

The Kuala Lumpur Composite Index (KLCI) saw a modest gain of 5.19 points or 0.35% on Thursday, February 5, 2026, closing at 1485.20 points. This uptick was primarily driven by robust performance in banking stocks, with Maybank rising 1.2% and CIMB gaining 0.9%. Overall market sentiment remained cautious, with a trading volume of 3.25 billion shares valued at RM2.13 billion. Analysts noted that despite global economic uncertainties, local investors held positive expectations for upcoming corporate earnings reports. Technology and plantation sectors showed flat performance, failing to provide additional support. The KLCI is expected to trade within a range of 1470 to 1500 points in the short term.
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