The FBM KLCI closed marginally higher by 0.15% at 1,528.45 points on Monday, primarily supported by banking counters. Trading volume remained light, reflecting cautious sentiment among investors awaiting further economic data and corporate announcements.
The FBM KLCI closed marginally higher on Monday, gaining 2.30 points or 0.15% to settle at 1,528.45 points. Market sentiment remained cautious, with trading volume relatively light, registering approximately RM2.56 billion for the day. Banking stocks provided the primary support, with Maybank climbing 0.5% to RM9.25 and CIMB Group adding 0.8% to RM6.40. Analysts noted that investors are weighing global growth prospects against domestic inflationary pressures. Despite a slight pullback in crude oil prices, interest in technology stocks remained subdued. Market participants are largely adopting a wait-and-see approach, anticipating more catalysts later in the week.
Share: