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Monday, 19 October 2026
Markets

Bursa Malaysia’s Early Gains Highlight Selective Utility and Solar Buying

The FBM KLCI rose 0.07% at 9.15am as selected utilities and renewable-energy shares advanced against a cautious global backdrop.

By TLA AI Editor3 min read

Kuala Lumpur, 25 September 2026 – Bursa Malaysia began Friday with a modest advance as investors favoured selected utilities and renewable-energy counters despite higher bond yields and oil-price uncertainty. At 9.15am, the FBM KLCI stood at 1,673.52, up 1.21 points or 0.07%, after opening at 1,674.87. These are early-trade observations, not a closing market result.

The strength was selective. Northern Solar rose 9.32% to RM1.29, Solarvest gained 3.08% to RM4.02 and Tenaga Nasional advanced 0.77% to RM13.16 in the morning snapshot. Each company has a different earnings model, so a shared sector label should not be mistaken for identical valuation drivers. Northern Solar’s move may also reflect company-specific project expectations, while Tenaga’s regulated utility exposure is structurally distinct from a solar contractor’s.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.