The FBM KLCI closed marginally lower by 0.15% on Friday, settling at 1,548.20 points. Investors adopted a cautious stance ahead of next week's release of key Malaysian industrial production and inflation data. Energy and technology sectors saw some weakness, while banking stocks provided a degree of support, reflecting a mixed market sentiment.
The FBM KLCI ended Friday's trading session marginally lower, shedding 2.32 points to close at 1,548.20. For the week, the benchmark index posted a modest gain of 0.3%. Market activity was subdued, with approximately 3.8 billion shares valued at RM2.5 billion traded. Analysts noted that investors were largely on the sidelines, awaiting the release of Malaysia's February Industrial Production Index (IPI) and Consumer Price Index (CPI) data next week, which are expected to provide clues on future monetary policy. Energy stocks like Velesto Energy declined 1.5% and technology counters such as Inari Amertron fell 0.8%, weighing on the broader market. However, banking giants like Maybank rose 0.2% and CIMB gained 0.3%, offering some resilience to the index.
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