The Kuala Lumpur Composite Index (KLCI) closed 0.45% higher on Friday at 1,498.75 points, buoyed by strong performances in the financial and technology sectors. Investor sentiment remained cautiously optimistic ahead of upcoming corporate earnings reports. Trading volume was moderate, reflecting a wait-and-see approach from some market participants. Key movers included Maybank and Inari Amertron.
The Kuala Lumpur Composite Index (KLCI) demonstrated a robust performance in Friday's trading session, closing up 6.74 points at 1,498.75. This uptick was primarily driven by positive sentiment in the financial and technology sectors. Maybank saw a gain of 0.8%, while CIMB Group rose 1.1%. Technology giant Inari Amertron surged 2.5%, reflecting strong investor interest in the semiconductor space. Despite lingering global economic uncertainties, local investors maintained confidence in the resilience of the Malaysian economy. Market activity was brisk, with a total trading volume reaching 3.45 billion shares, indicating active buying interest. Analysts anticipate that the market will continue to monitor the progress of the corporate earnings season next week, which could provide further direction for the index.
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