The Kuala Lumpur Composite Index (KLCI) rose 0.8% on Friday, closing at 1525.70 points, primarily driven by strong performances in banking stocks. Investor sentiment was positive, with active market participation and healthy trading volumes observed throughout the session.
The Kuala Lumpur Composite Index (KLCI) demonstrated a robust performance in Friday's trading session, gaining 12.10 points or 0.8% to close at 1525.70 points. This uplift was predominantly fueled by strong showings from banking counters, as investors maintained an optimistic outlook on Malaysia's economic recovery prospects. Total trading volume for the day reached 4.52 billion shares, valued at RM2.87 billion, indicating active market participation. Market breadth was positive, with advancing stocks outnumbering decliners. Analysts noted that market sentiment remains cautiously optimistic ahead of upcoming economic data releases and corporate earnings reports.
Share: