The KLCI nudged up 3.5 points to 1528.2 on Thursday, led by banking counters. Investors remained cautious about the regional economic outlook, with trading volume moderate as market participants digested recent economic data and awaited further catalysts. Overall market breadth was slightly positive.
Kuala Lumpur's benchmark FBM KLCI concluded Thursday's trading session with a marginal gain, adding 3.5 points to close at 1528.2. The uplift was primarily driven by robust performance in banking counters, which saw increased buying interest. However, the broader regional markets displayed a cautious sentiment, as investors continued to digest recent economic data and awaited fresh catalysts. Trading volume remained moderate, with market breadth slightly positive, indicating a balanced market. Analysts suggest that the local bourse might continue to trade sideways amid persistent global economic uncertainties until clearer directional signals emerge. Energy and technology sectors showed some weakness, while consumer stocks remained relatively stable.
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