Bursa Malaysia Ends Higher As Strong Economic Data Lifts Investor Confidence

By Siti Noor Afera Abu

KUALA LUMPUR, Nov 10 (Bernama) -- Bursa Malaysia closed higher on Monday, supported by improving domestic and global economic data that reinforced investor confidence in Malaysia’s near-term growth outlook.

IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan said the benchmark FBM KLCI advanced as sentiment turned more constructive, reflecting optimism over the nation’s resilient labour market, firming ringgit, and a steadier global risk environment.

Additionally, Asian equities rallied today boosted by hopes for a deal that would end the US government shutdown. According to reports, the US Senate passed the first stage of a deal late Sunday night, that would end the shutdown which began on Oct 1. 

At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) increased 8.25 points, or 0.51 per cent, to 1,627.38 from Friday’s close of 1,619.13.

The benchmark index opened 2.40 points firmer at 1,621.53, and moved within a narrow range between 1,620.49 and 1,633.52 throughout the trading session.

The broader market was positive, with 601 gainers leading 470 losers, while 585 counters were unchanged, 1,004 untraded, and nine suspended.

Turnover rose to 3.92 billion units worth RM2.28 billion compared with 3.53 billion units worth RM2.35 billion last Friday.

Mohd Sedek noted that the latest labour force data from the Department of Statistics Malaysia (DOSM) reaffirmed the strength of domestic fundamentals, and this continued expansion underscores a sustained recovery in household demand and highlights the labour market’s pivotal role in anchoring Malaysia’s broader economic resilience as the year draws to a close.

He said investor sentiment was further lifted by the ringgit’s appreciation, underpinned by stable macroeconomic indicators and stronger portfolio inflows. 

“Overall, today’s market performance highlights the interplay between resilient domestic fundamentals and improving global macro signals. Malaysia’s equity market appears well-positioned to sustain its upward momentum into the final quarter of 2025,” he told Bernama.

Among heavyweights, Maybank rose 3.0 sen to RM9.94, Public Bank was unchanged at RM4.27, CIMB was 5.0 sen firmer at RM7.58, Tenaga Nasional increased 12 sen to RM13.34, while IHH Healthcare dipped 6.0 sen to RM8.22.

On the most active list, MMAG rose 1.0 sen to 9.5 sen, Perak Transit gained half-a-sen to 29.5 sen, Pharmaniaga fell half-a-sen to 26 sen, while both Zen Tech and EA Holdings were flat at half-a-sen, respectively.

Among the top gainers, Fraser & Neave increased RM1.16 to RM28.76, Malaysian Pacific Industries added RM1.02 to RM31.10, Kuala Lumpur Kepong firmed 4.0 sen to RM21.12, and Hong Leong Industries garnered 32 sen to RM15.06.

As for the top losers, Nestle decreased 40 sen to RM112.0, UMS Integration fell 10 sen to RM4.76, United Plantations slipped 20 sen to RM25.38, and PIE Industries was 16 sen weaker at RM2.73.

-- BERNAMA