{
  "id": 13926412,
  "title": "Bursa climbs further as Budget 2027 boosts banking stocks",
  "url": "https://urgent.news/2026/10/12/bursa-climbs-further-as-budget-2027-boosts-banking-stocks",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-12T10:04:31.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today-freemalays",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/10/12/bursa-climbs-further-as-budget-2027-boosts-banking-stocks"
  },
  "original_language": "en",
  "account": null,
  "summary": "Bursa Malaysia continued its upward trend last week, with banking stocks receiving a boost from the recently announced Budget 2027. The measures introduced in the budget aimed to support small and medium enterprises (SMEs) lending, housing financing, and investment-driven credit growth. As of 5 pm, the FTSE Bursa Malaysia KLCI index rose by 9.56 points, or 0.59%, to 1,618.01, up from Friday's closing figure of 1,608.45. Throughout the session, the benchmark index fluctuated between 1,608.91 and 1,619.30. While the number of losing stocks outnumbered gainers by a ratio of 778 to 344, 1,185 stocks remained unchanged, and 12 were suspended. The trading volume for the day was slightly higher than the previous day, with 3.36 billion units worth RM2.91 billion compared to 3.33 billion units worth RM2.90 billion on Friday.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Free Malaysia Today",
        "title": "Ringgit opens higher vs US dollar on fiscal discipline pledge",
        "url": "https://urgent.news/2026/10/12/ringgit-opens-higher-vs-us-dollar-on-fiscal-discipline-pledge-13836837",
        "published": "2026-10-12T00:31:00.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Ringgit opens higher vs US dollar on fiscal discipline pledge",
        "url": "https://urgent.news/2026/10/12/ringgit-opens-higher-vs-us-dollar-on-fiscal-discipline-pledge",
        "published": "2026-10-12T00:46:57.000Z"
      },
      {
        "outlet": "Malay Mail",
        "title": "Ringgit opens higher as Budget’s fiscal discipline boosts sentiment",
        "url": "https://urgent.news/2026/10/12/ringgit-opens-higher-as-budgets-fiscal-discipline-boosts-sentiment",
        "published": "2026-10-12T01:13:15.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}