Malaysia Stocks Stay Soft, Weekly Gains Continue

robot
Abstract generation in progress

Bursa Malaysia’s KLCI was little changed at around 1,722 by midday Friday, as gains in electronic technology, producer manufacturing, and transport offset losses in healthcare and non-energy minerals. Traders tracked Middle East developments after U.S. President Donald Trump said Iran may have “loaded up its weaponry a little bit” during the two-week ceasefire, but added the U.S. military could eliminate it “in just a single day.” Despite the cautious tone, the benchmark is set for a second straight weekly advance, up about 1.6% so far, reaching its highest level in a month. Resilient domestic economic activity in Q1 2026 has helped underpin sentiment despite global uncertainties, particularly elevated oil prices tied to geopolitical tensions. Notable movers included Vitrox Corp. (10.4%), Press Metal Aluminium (3.4%), and MR. D.I.Y Group (1.8%), while United Plantations (-3.3%), Gamuda Bhd. (-2.2%), and Top Glove Corp. (-2.0%) declined.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin