The Kuala Lumpur Composite Index (KLCI) closed marginally higher by 0.15% at 1548.20 points on Monday. The energy sector was a key performer, driven by stable oil prices. Investors remained cautious ahead of upcoming economic data releases, contributing to a mixed trading session across the broader market.
The Kuala Lumpur Composite Index (KLCI) saw a subdued trading session on Monday, ultimately closing up 2.32 points at 1548.20. Market sentiment was mildly boosted by stable international oil prices, making the energy sector a standout performer. Brent crude futures hovered above US$83 per barrel, driving gains in counters like PETRONAS Chemicals (+1.2%) and Dialog Group (+0.8%). Trading volume was relatively moderate, indicating that investors are awaiting key economic data, including inflation figures and central bank meeting minutes, due later this week. Analysts anticipate the KLCI to trade within a narrow range in the near term, absent significant catalysts.
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