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The FBM KLCI remained virtually unchanged at midday, edging up just 0.58 points to 1,737.29 as cautious investors awaited Middle East developments and a wave of quarterly earnings reports.
Bursa Malaysia's benchmark index accelerated into midday trading, climbing 16.18 points to 1,748.84 as technology stocks surged 2.91% following strong Big Tech earnings surprises and a broader regional rally across Asian markets.
Bursa Malaysia's FBM KLCI index edged up 3.01 points to 1,714.38 at opening, buoyed by surging oil prices amid Middle Eastern tensions, though global tech weakness from AI spending concerns kept gains muted.
Malaysia's benchmark index declined as investors took profits from banking stocks and plantation shares, despite a rally in US equities driven by technology sector momentum.
Malaysia's FBM KLCI breached the 1,700 psychological barrier, driven by gains in banking and PETRONAS stocks despite broader market weakness and regional sell-offs triggered by escalating geopolitical tensions.