KLCI Closes Up 0.35% as Banking Stocks Provide Boost

February 5, 2026
Market Updates
Bursa Malaysia

The Kuala Lumpur Composite Index (KLCI) rose 5.6 points to close at 1,485.20 today, primarily driven by strong performances in banking stocks. Market sentiment remained cautious, but trading volume was healthy. Investors are eyeing upcoming corporate earnings reports for further direction amidst global uncertainties.

The Kuala Lumpur Composite Index (KLCI) showed a positive performance on February 5, 2026, gaining 5.6 points or 0.35% to close at 1,485.20. The upward movement was largely supported by heavyweight banking stocks, as investors maintained confidence in the sector's robust outlook. Despite ongoing global economic uncertainties, local market sentiment remained relatively stable. Trading volume reached 3.85 billion shares valued at RM2.53 billion, indicating healthy trading activity. Analysts suggest that the market might continue to consolidate ahead of the upcoming corporate earnings season, but specific sectors will offer short-term trading opportunities. Investors remain optimistic about Malaysia's economic resilience and are closely monitoring global macroeconomic data.
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