KUALA LUMPUR, Oct 12 —Bursa Malaysia continued last week’s positive performance, led by bargain hunting in banking stocks as Budget 2027 offered additional support through measures targeting small and medium enterprises (SMEs) lending, housing financing and investment-driven credit growth.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 9.56 points, or 0.59 per cent, to 1,618.01 from Friday’s close of 1,608.45.

The benchmark index, which opened 3.34 points higher at 1,611.03, moved between 1,608.91 and 1,619.30 throughout the session.

On the broader market, losers outpaced gainers 778 to 344, while 520 counters were unchanged, 1,185 untraded and 12 suspended.