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Renewable-Energy Stocks Defy a Softer Bursa Malaysia Session

Solarvest, Samaiden and Pekat gained as the FBM KLCI softened, revealing selective investor demand despite geopolitical and rate uncertainty.

By TLA AI Editor3 min read

Kuala Lumpur, 21 September 2026 – Bursa Malaysia opened the week on a cautious footing as geopolitical uncertainty weighed on the benchmark, yet renewable-energy counters advanced sharply enough to reveal a more selective market beneath the subdued index. The FBM KLCI fell 2.02 points, or 0.12%, to 1,663.54 at 9.17am after opening 1.36 points lower at 1,664.20.

The weakness was broad enough to pressure several prominent companies. Malaysian Pacific Industries declined 80 sen to RM42, Nestlé Malaysia lost 78 sen to RM88.80, Sunway Construction eased 52 sen to RM7.36 and TIME dotCom fell 48 sen to RM5.93. The moves suggested that investors were reducing exposure across technology, consumer, construction and telecommunications names rather than concentrating selling in one sector.

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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.