October 15, 2025

Stock Market

Malaysia Market Daily: FBM KLCI Rebounds at Open, Tech and Energy Counters in Focus

Malaysia Market Daily: FBM KLCI Rebounds at Open, Tech and Energy Counters in Focus

Malaysia’s stock market opened higher today, supported by regional strength and improved risk sentiment. The FBM KLCI rose in early trade but later pared gains amid selling pressure on heavyweight counters. Investors remained focused on trade policy discussions, commodity movements, and select opportunities within the technology and energy sectors.

Opening Performance
At 9:10 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) advanced 7.52 points to 1,618.98, compared to Tuesday’s close of 1,611.46.
Market breadth was positive, with 291 gainers, 112 decliners, and 275 unchanged, on a total turnover of 158 million shares worth RM109.24 million.

Market Reversal and Close
However, late-session profit-taking weighed on blue-chip stocks. The benchmark index eventually closed 3.73 points lower at 1,611.46, down about 0.23% from the previous day’s finish.
Turnover remained firm, suggesting active short-term trading but cautious positioning overall.

Sector and Stock Highlights

  • Technology and Petrochemical counters gained traction in early trading, echoing regional rebounds in semiconductor and materials stocks.

  • Among top movers were Petronas Gas, Allianz Malaysia, and United Plantations, all of which saw notable upticks in early sessions.

  • Banking heavyweights CIMB and Public Bank posted mild gains, while Tenaga Nasional traded flat as investors rotated into growth-oriented sectors.

Stocks to Watch



Stock

Code

Why It Matters

Petronas Gas Bhd

PETGAS

Emerged as one of the morning’s top gainers. The stock remains a defensive play in the utilities and energy sector, potentially benefiting from policy clarity and stable gas pricing. (Bernama)

United Plantations Bhd

UPLANT

Continued to attract buying interest, supported by improving palm oil prices and higher output expectations in the plantation sector. (Bernama)

Market Drivers

  • Regional Rebound: Broader Asian markets traded higher, providing positive momentum for Bursa Malaysia.

  • Trade Policy Watch: Malaysia is set to discuss sectoral tariffs with the U.S. at the upcoming ASEAN Summit, with semiconductor exports likely to be on the agenda.

  • Profit-Taking in Blue Chips: Early gains were capped as investors booked profits in large-cap names following recent advances.

  • Sector Rotation: The market continues to display structural divergence, with cyclical strength in tech, petrochemical, and resources, while financials and utilities trade range-bound.