The FBM KLCI rose 0.45% on Friday, closing at 1,558.20, driven primarily by strong performances in the financial and energy sectors. Investor optimism regarding global economic recovery contributed to the positive sentiment. Trading volume remained robust, indicating sustained market interest despite upcoming holiday closures.
The FBM KLCI demonstrated a strong performance in Friday's trading session, gaining 6.95 points to close at 1,558.20. The uplift was primarily supported by robust buying interest in banking and energy counters, as investors maintained a cautiously optimistic outlook on the global economic recovery. Total trading volume for the day reached 4.52 billion shares, valued at RM3.48 billion. Market breadth was positive, with advancers outnumbering decliners. Analysts noted that market sentiment remained upbeat ahead of the upcoming Lunar New Year holidays, with expectations for continued stability in the early part of next week.
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