FBM KLCI Eases as Fed Outlook Weighs on Sentiment

KUALA LUMPUR, Sept 18, 2026, The FBM KLCI slipped 4.47 points or 0.27% to close at 1,674.74 on Thursday, with decliners outpacing gainers 673 to 465. Market sentiment remained cautious as the Federal Reserve signaled further monetary tightening, raising concerns over global interest rates.

Fed Outlook

Technology (+1.42%), Utilities (+0.73%), and Property (+0.33%) led gains, while Telecommunications & Media (-1.13%), Industrial Products (-0.83%), and Healthcare (-0.79%) dragged the index lower. Analysts expect the benchmark to remain range-bound, with selective bargain-hunting emerging but upside capped until clarity on global rates and Middle East risks.

#businessnews

Global markets weaken as Fed signals further rate tightening