Bursa Malaysia's key index opens lower despite positive sentiment on Wall Street

Bursa Malaysia’s key index opened lower today after a long weekend break for the Deepavali holiday despite positive sentiment on Wall Street overnight. — Picture by Ahmad Zamzahuri

First Published: Tuesday, 10 Nov 2026 11:21 AM MYT

KUALA LUMPUR, Nov 10 — Bursa Malaysia’s key index opened lower today after a long weekend break for the Deepavali holiday despite positive sentiment on Wall Street overnight.

At 9.15am, the FTSE Bursa Malaysia KLCI (FBM KLCI) shed 10.70 points to 1,605.88 from last Friday’s close of 1,616.58.

The benchmark index opened 9.97 points higher at 1,626.55.

However, market breadth was positive, gainers outpacing losers 299 to 223, while 322 counters were unchanged, 1,929 untraded and 12 suspended. Turnover stood at 303.96 million units worth RM220.76 million.

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng noted that Wall Street ended on a firm note supported by easing crude oil prices and growing optimism over a potential resolution to the US-Iran conflict.

However, he said market sentiment remains cautious as investors stay sidelined, waiting for a clearer outlook over the immediate term.

“We expect the index to remain stuck in a consolidation mode of between 1,610 and 1,625 today,” he told Bernama.

Among the heavyweights, Maybank was unchanged at RM10.12, Public Bank was 15 sen lower at RM4.75, CIMB dropped one sen to RM7.05, Tenaga Nasional lost eight sen to RM12.96 while IHH Healthcare rose one sen to RM7.71.

In active trade, Zetrix AI shed half-a-sen to six sen, Ni Hsin Group slipped four sen to 14 sen, while VS Industry and Dagang Nexchange added half-a-sen each to 30 sen and 39 sen, and AirAsia Group four sen to 52.5 sen.

Among the gainers were Malaysian Pacific Industries which firmed 78 sen to RM36.98, Nestle strengthened by 66 sen to RM94.02, Sunway Construction Group gained 36 sen to RM8.22, Vitrox Corp and UWC which added 24 sen each to RM10.36 and RM6.53.

Among the top losers, Mega Fortris was down 30 sen to RM1.10, YTL Power and Hengyuan Refining lost 22 sen each to RM4.79 and RM2.70, and Hong Leong Industries dwindled 12 sen to RM16.52.

On the index board, the FBM Emas Index tumbled 40.97 points to 11,924.50, while the FBM Top 100 Index plunged 46.13 points to 11,752.32.

The FBM Emas Shariah Index contracted 40.97 points to 11,924.50, while the FBM ACE Index gained 28.99 points to 5,269.23 and the FBM Mid 70 Index climbed 67.93 points to 17,088.81.

Sector-wise, the Industrial Products and Services Index edged down 0.32 points to 171.03, the Energy Index fell 8.12 points to 786.74, the Financial Services Index slipped 134.20 points to 18,822.86, and the Plantation Index slumped 2.85 points to 8,723.51. — Bernama