The FBM KLCI edged up 2.15 points to close at 1548.90 on Friday, but registered a weekly loss of 0.8% amid global uncertainties. Investor sentiment remains cautious.
The FBM KLCI showed a slight recovery on Friday, closing up 2.15 points at 1548.90. However, despite the daily gain, the index recorded an overall weekly decline of 0.8%. Concerns over slowing global economic growth and the US Federal Reserve's potential interest rate trajectory continue to weigh on market sentiment. Trading volume remained moderate, indicating a wait-and-see approach among investors ahead of the weekend. Analysts anticipate the market will continue to be influenced by macroeconomic data and international developments next week.
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