The FBM KLCI advanced 0.45% today, closing at 1,542.80 points, driven by positive sentiment in regional markets. Banking and technology counters led the gains, with active trading volume observed throughout the session.
The Kuala Lumpur Composite Index (KLCI) displayed a robust performance today, gaining 6.94 points to close at 1,542.80. This uplift was primarily attributed to the positive momentum seen across regional equity markets and growing investor optimism regarding the domestic economic outlook. Banking heavyweights like Malayan Banking Bhd (Maybank) and CIMB Group Holdings Bhd led the charge, rising 1.2% and 1.5% respectively. The technology sector also performed admirably, buoyed by expectations of a global semiconductor industry recovery. Total trading volume for the day reached 4.25 billion shares, indicating healthy market activity. Analysts anticipate the market to remain cautiously optimistic ahead of the corporate earnings season and global economic data releases.
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