The FBM KLCI closed 0.35% higher today at 1,498.75 points, buoyed by improved investor sentiment and gains in key banking and technology counters. Market volume was active, reflecting strong buying interest across various sectors.
The FBM KLCI demonstrated a robust performance in Friday's trading session, closing 0.35% higher at 1,498.75 points. This upward movement was primarily driven by positive sentiment in the banking and technology sectors. Investor optimism regarding regional economic recovery and anticipation of the upcoming corporate earnings season fueled active trading. Blue-chip counters like Maybank saw a 0.8% increase, while technology giants such as Inari Amertron also recorded significant gains. Trading volume remained active, indicating a gradual return of market confidence. Analysts noted that despite global economic uncertainties, solid domestic fundamentals continue to provide a supportive backdrop for the equities market.
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