The FBM KLCI gained 0.35% today, closing at 1,532.89 points, driven by strong performances in banking and technology sectors. Investor sentiment remained positive, anticipating upcoming corporate earnings reports.
The FBM KLCI showed a robust performance today, closing up 5.36 points at 1,532.89. Market activity was brisk, with 4.52 billion shares traded, valued at RM2.85 billion. Banking heavyweights like Malayan Banking Bhd (Maybank) and CIMB Group Holdings Bhd saw gains of 1.2% and 0.9% respectively. Technology stocks, such as Inari Amertron Bhd, also performed well, rising 1.5%. Analysts noted that market sentiment was buoyed by positive regional market movements and expectations of a domestic economic recovery. Investors are keenly awaiting the upcoming fourth-quarter corporate earnings reports for new investment cues. The market is expected to remain volatile next week.
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