BURSA Malaysia extended its upward momentum to close at its highest level in more than seven years, supported by strong buying interest in blue-chip stocks from both local institutional and foreign investors, an analyst said.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) soared 24.08 points or 1.40% to 1,744.07 from last Friday’s close of 1,719.99.
The index surpassed its previous peak of 1,740.59 on Oct 17, 2018.
The barometer index opened 1.64 points firmer at 1,721.63, its lowest level in early trade, before moving in an upward trajectory to a its intraday high of 1,746.98 during the mid-afternoon session.
However, market breadth was negative with decliners outnumbering gainers 631 to 591, while 498 counters were unchanged, 1,008 untraded and 39 suspended.
Turnover improved to 3.50 billion units worth RM4.07 bil from last Friday’s 3.40 billion units worth RM3.49 bil. ‒ Jan 26, 2026
