Banking heavyweights lift Bursa marginally higher
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) increased 2.34 points or 0.14% to 1,621.85 from yesterday’s close of 1,619.51.
Bursa Malaysia's key index, the FTSE Bursa Malaysia KLCI, closed marginally higher on Friday, buoyed by selective buying in banking heavyweights despite a subdued broader market. The index finished at 1,621.85, up 2.34 points or 0.14% from the previous close of 1,619.51. Rakuten Trade Sdn Bhd's vice-president of equity research, Thong Pak Leng, noted that market sentiment remained cautious, with investors hesitant to take new positions due to ongoing external uncertainties.
Throughout the day, the benchmark index fluctuated between a low of 1,616.19 and a high of 1,625.88, with 652 counters gaining, 403 falling, and the remaining unchanged or untraded.
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- Bursa Malaysia edges higher after choppy start as investors weigh mixed Wall Street cues malaymail.com
- Banking heavyweights lift Bursa marginally higher freemalaysiatoday.com
