The FBM KLCI closed marginally higher today, gaining 2.45 points to 1552.30, with 3.8 billion shares traded. Investors remained cautious, monitoring regional market performances and upcoming economic data releases, leading to a subdued trading session.
The FBM KLCI closed marginally higher today, gaining 0.15% to 1552.30 points, with a total of 3.8 billion shares worth RM2.65 billion traded. Despite a strong overnight performance on Wall Street, local market sentiment remained cautious as investors awaited further regional economic indicators. Analysts noted that while technology stocks saw some uplift from the Nasdaq's rally, the subdued performance of banking and plantation counters capped the index's gains. The market is broadly expected to consolidate ahead of next week's release of the Industrial Production Index (IPI) and inflation data, which could provide clearer direction.
Share: