October 3, 2025
Stock Market
Malaysia’s stock market opened higher today, supported by foreign fund inflows, but gains quickly faded on mild profit-taking. Technology stocks remained a bright spot, tracking regional strength across Asia.
Opening and Index Movement
In early trade, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose at the open but soon retreated as investors locked in short-term gains. By 9:30 am, the index slipped 2.94 points to 1,634.86.
Market Performance and Sentiment
Market sentiment was initially upbeat on the back of foreign inflows. However, profit-taking activity tempered the momentum, reflecting cautious investor positioning after recent gains. Meanwhile, technology stocks outperformed, buoyed by regional market strength in Asia.
Market Drivers
Capital Flows: Early foreign inflows lifted opening sentiment, though quick reversals highlight the market’s sensitivity.
Sector Divergence: Technology stocks benefited from positive regional cues, while some traditional sectors lagged.
Profit-Taking Pressure: Investors opted to secure short-term gains, weighing on the index after its initial rise.