The FBM KLCI closed marginally higher by 0.15% at 1,522.35 today, with trading volume slightly subdued. Investors remained cautious, awaiting fresh catalysts and further guidance from the ongoing corporate earnings season. Technology stocks showed resilience, while plantation counters faced downward pressure.
The FBM KLCI closed marginally higher by 2.28 points at 1,522.35 today, marking a subdued trading session. Market sentiment remained cautious, with trading volume declining to 3.52 billion shares worth RM2.15 billion. Analysts noted that despite mixed regional market performances, the local bourse was primarily supported by institutional bargain hunting in the absence of strong catalysts. Technology counters like Inari Amertron (INARI) gained 1.8%, while plantation stocks such as Sime Darby Plantation (SIMEPLT) fell 0.5%. Investors are closely monitoring upcoming fourth-quarter corporate earnings announcements for clues on market direction. The index is expected to trade within the 1,510-1,535 range next week.
Share: