The FBM KLCI closed marginally lower by 0.15% at 1485.30 points on Thursday, as investors remained cautious amidst regional market uncertainties, leading to subdued trading volume.
The Malaysian stock market saw a subdued performance on Thursday, with the FBM KLCI closing at 1485.30 points, down 2.23 points or 0.15% from yesterday. Market sentiment was influenced by global inflation concerns and regional economic data, with investors adopting a wait-and-see approach in the absence of clear catalysts. Total trading volume for the day was 3.25 billion shares, valued at RM2.18 billion. Key decliners included IHH Healthcare and Public Bank. Analysts noted that while technical indicators suggest support around 1480 points, a breakthrough of the 1500-point resistance in the short term would require more positive news.
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