At 9.10am, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 2.04 points, or 0.11%, to 1,731.64 from Tuesday’s close of 1,729.60.
The benchmark index opened 2.05 points higher at 1,731.65.
Market breadth was positive, with gainers outnumbering losers 224 to 173. A total of 369 counters were unchanged, 1,925 untraded and 112 suspended.
Turnover stood at 210.61 million shares, valued at RM122.73 million.
In a note, Hong Leong Investment Bank Bhd said Malaysia’s status as a net energy exporter provides a buffer against elevated oil prices compared with regional peers.
The investment bank said that while the KLCI is expected to remain volatile and headline-driven, it has shown resilience, rebounding 39.2 points, or 2.3%, month-to-date in April 2026, after declining 26.2 points, or 1.5%, in March 2026.
Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said that overall participation remained measured as investors stayed cautious, adding that he expects the benchmark to trade within the 1,725 – 1,740 range today.
Among heavyweights, Maybank slipped four sen to RM11.18 and CIMB eased two sen to RM7.76, while Public Bank rose two sen to RM4.80, Tenaga Nasional added eight sen to RM14.60 and IHH Healthcare gained three sen to RM8.84.
On the most active list, VS Industry edged down half-a-sen to 20.5 sen, while UEM Sunrise advanced 2.5 sen to 67.5 sen and WCT gained 1.5 sen to 48.5 sen. Luster Industries and Velesto Energy each added half-a-sen to four sen and 32.5 sen, respectively.
Top gainers included Malaysian Pacific Industries, which jumped 26 sen to RM37.76, Petronas Gas which strengthened 14 sen to RM18.10, Telekom Malaysia which rose 11 sen to RM7.77, and Scientex and Gas Malaysia which each improved seven sen to RM3.81 and RM5.50, respectively.
Top losers included Petronas Dagangan, which fell 34 sen to RM20.22, Sam Engineering which dropped 12 sen to RM4.06, KLCC which slipped nine sen to RM9.03, and Kelington and MI Technovation which each weakened seven sen to RM6.15 and RM3.35, respectively.
On the index board, the FBM Emas Index rose 8.70 points to 12,807.44, while the FBMT 100 Index added 8.63 points to 12,642.96 and the FBM Emas Shariah Index gained 16.18 points to 12,745.38. The FBM 70 Index fell 14.42 points to 18,255.55, while the FBM ACE Index edged up 0.18 of a point to 4,656.72.
By sector, the Financial Services Index eased 6.14 points to 20,155.49, the Industrial Products and Services Index slipped 0.12 of-a-point to 195.69, the Energy Index rose 1.63 points to 832.96 and the Plantation Index declined 3.66 points to 8,826.80.