The KLCI closed up 2.15 points or 0.14% at 1558.20 on Friday. Despite cautious regional sentiment, persistent buying in local banking stocks provided support. Total volume for the day was 3.85 billion shares valued at RM2.53 billion, with market breadth leaning towards decliners.
Malaysia's benchmark FBM KLCI displayed resilience in Friday's trading session, edging up 2.15 points or 0.14% to close at 1558.20. This modest gain was primarily attributed to sustained buying interest in local banking stocks, which helped offset a generally cautious sentiment prevailing across regional markets. Throughout the trading day, total market volume reached 3.85 billion shares, with a total value of RM2.53 billion. Despite the index closing higher, market breadth indicated more declining stocks than advancing ones, reflecting internal market divergence. Analysts noted that investors are currently weighing global economic data and the upcoming corporate earnings season, anticipating continued volatility next week.
Share: