On February 5, the Kuala Lumpur Composite Index (KLCI) saw a marginal gain of 0.15%, closing at 1488.50 points. Investors showed selective interest in technology and banking stocks amidst cautious regional sentiment. Trading volume remained moderate as market participants weighed global economic signals.
The Kuala Lumpur Composite Index (KLCI) closed marginally higher today, February 5, gaining 2.23 points to settle at 1488.50, a 0.15% increase. Market sentiment remained cautious as investors assessed global economic data and regional market performance. Other major Asian indices showed mixed movements, influencing the KLCI's trajectory. During the session, technology and banking stocks performed relatively well, attracting some buying interest. For instance, Inari Amertron rose by 1.2%, while Maybank edged up 0.5%. Market volume stood at 3.2 billion shares valued at RM2.1 billion, indicating a wait-and-see approach from investors. Analysts noted that despite global economic uncertainties, local market interest in specific value stocks persists.
Share: