Bursa opens higher on improved sentiment
The benchmark index climbs to 1,615.24, tracking Wall Street gains on fresh AI funding announcements.
Bursa Malaysia opened higher on Wednesday as improved market sentiment lifted the KLCI above 1,615, following overnight gains on Wall Street due to AI-related funding announcements. The FTSE Bursa Malaysia KLCI rose 3.39 points, or 0.21%, to 1,615.24, while gainers outpaced losers 251 to 94 in the broader market. Rakuten Trade Sdn Bhd's equity research vice-president attributed the positive sentiment to investors' focus on upcoming corporate earnings reports, particularly in the technology sector.
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- Bursa Malaysia opens higher as improved sentiment lifts KLCI above 1,615 malaymail.com
- Bursa opens higher on improved sentiment freemalaysiatoday.com
