Blue chips bounce back with banks in the lead - News Summed Up

Blue chips bounce back with banks in the lead


The FBM KLCI was up 12.8 points or three-quarters of a percent to 1,743.69 at 9.23am. "We expect the FBM KLCI to trade on a more cautious and consolidative note following recent profit-taking after the strong rally earlier in the week. On the ticker board, heavyweight banks, which had been the main driver of gains on the FBM KLCI, rebounded strongly, reflecting investor preference for the defensive plays. Maybank gained eight sen to RM11.72, CIMB rose 15 sen to RM8.62, Hong Leong Bank jumped 30 sen to RM24.62, RHB added 11 sen to RM8.21, Public Bank gained four sen to RM4.89 and Ambank climbed five sen to RM6.49. Among active counters on the market, Dnex dropped 1.5 sen ot 30.5 sen, Pharmaniaga rose 0.5 sen to 29 sen and Capital A gained 0.5 sen to 64 sen.


Source: The Star January 30, 2026 07:44 UTC



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