Bursa Malaysia Rises at Midday as Regional Markets Rally on Hopes of Iran Conflict De-escalation

KUALA LUMPUR, March 10 – Bursa Malaysia extended its gains at midday on Tuesday, tracking stronger regional markets after signals from U.S. President Donald Trump suggested a potential easing of tensions with Iran.

At 12:30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 23.39 points to 1,697.56, compared with Monday’s close of 1,674.17. The benchmark index opened higher earlier in the day and moved within a range of 1,684.85 to 1,700.90 during the morning trading session.

Market sentiment remained broadly positive, with gainers outnumbering losers 768 to 376, while 361 counters were unchanged. Total market turnover reached 2.14 billion shares valued at RM1.83 billion, reflecting steady investor participation.

The rally was in line with broader gains across Asia. Singapore’s Straits Times Index climbed 1.45%, Hong Kong’s Hang Seng Index rose 1.56%, Japan’s Nikkei 225 advanced 2.36%, and South Korea’s KOSPI surged 4.62%.

Market analysts noted that optimism grew after signals from Washington hinted at a possible end to the Iran conflict. However, analysts warned that the relief could be temporary as geopolitical uncertainties remain high and volatility in global markets could persist.

Among Bursa Malaysia’s heavyweight stocks, Maybank, Public Bank, CIMB Group, Tenaga Nasional, and IHH Healthcare all recorded gains, supporting the benchmark index. Meanwhile, Nestle and Hong Leong Financial Group were among the top gainers during the session.

Despite the positive momentum, analysts say global geopolitical developments and U.S. policy decisions will continue to influence investor sentiment in the coming weeks.

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