24.04.202605:27:28UTC+00Malaysia Stocks Stay Soft, Weekly Gains Continue

Bursa Malaysia’s KLCI was little changed around 1,722 by midday Friday, as gains in electronic technology, producer manufacturing, and transport stocks offset losses in healthcare and non-energy minerals. Investors continued to track developments in the Middle East after U.S. President Donald Trump said Iran may have “loaded up its weaponry a little bit” during the two-week ceasefire, while asserting that the U.S. military could eliminate it “in just a single day.”

Despite the cautious tone, the benchmark index is on course for a second consecutive weekly gain, up about 1.6% so far and hovering near its highest level in a month. Robust domestic economic activity in Q1 2026 has helped support sentiment in the face of global uncertainties, notably elevated oil prices driven by geopolitical tensions.

Among notable movers, Vitrox Corp. climbed 10.4%, Press Metal Aluminium added 3.4%, and MR D.I.Y Group advanced 1.8%. On the downside, United Plantations fell 3.3%, Gamuda Bhd slipped 2.2%, and Top Glove Corp. declined 2.0%.