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Thursday, 22 October 2026
Markets

Bursa Malaysia Poised To Extend Uptrend As FBM KLCI Eyes 1,700 Level

By Abigail Cheong4 min read

Kuala Lumpur, 5 July 2026 – Bursa Malaysia is expected to extend its recovery next week, with the FBM KLCI poised to test the psychological 1,700-point level after a strong rebound lifted market sentiment at the end of the week.

The benchmark index ended Friday’s session sharply higher, supported by renewed buying in banking and heavyweight counters as investors reacted positively to softer United States labour market data. The data eased concerns over further monetary tightening and helped improve risk appetite across selected emerging markets.

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Author

  • I am Abigail, a journalist at The Ledger Asia, covering business and finance with a focus on the Malaysian Stock Market and key economic developments across Asia. Known for clear, accessible reporting, I deliver insights that help readers understand market trends, corporate movements, and regional news shaping the Asian economy.