Bursa rises as fuel subsidy measures lift sentiment

2026-03-27 - 02:01

KUALA LUMPUR: Bursa Malaysia opened higher on Friday, outpacing regional peers as market sentiment improved following the government’s adjusted fuel subsidy measures, supporting fiscal stability and household affordability amid ongoing West Asia uncertainties. At 9.10am, the FTSE Bursa Malaysia KLCI (FBM KLCI) increased 1.94 points to 1,712.83 from Thursday’s close of 1,710.89. The key index opened 1.84 points higher at 1,712.73. Market breadth was slightly negative, with 220 losers edging past 116 gainers. A total of 248 counters were unchanged, 2,190 untraded, and 137 suspended. Turnover stood at 155.59 million shares worth RM154.64 million. MORE TO COME