The Kuala Lumpur Composite Index (KLCI) closed marginally higher today, up 0.25% to 1,488.50 points, buoyed by positive regional sentiment. Investors focused on technology stocks, while energy counters faced pressure due to fluctuating oil prices.
The Kuala Lumpur Composite Index (KLCI) closed 3.72 points higher today at 1,488.50, with a trading volume of 3.85 billion shares valued at RM2.73 billion. Despite strong regional market performance, the KLCI's gains were modest, primarily supported by technology stocks like Inari Amertron (+1.5%) and Frontken (+2.1%). However, energy counters such as Petronas Chemicals (-0.8%) and Dialog Group (-0.5%) faced pressure due to fluctuating international oil prices. Analysts noted cautious market sentiment, with investors adopting a wait-and-see approach ahead of several major corporate earnings announcements next week.
Share: