Bursa Malaysia Ends Higher On Strong Sentiment Following PM Anwar's Announcement
At the close, the benchmark FBM KLCI gained 8.37 points, or 0.55%, to 1,527.27, driven mainly by gains in banking, plantation and utilities stocks. The market saw active trading across sectors, with financials and property counters also contributing to the upbeat tone.
Analysts said the positive close reflects optimism over policy measures expected to spur economic activity and enhance investor confidence. 'The market reacted positively as investors are positioning for potential catalysts following the government's announcement,' one analyst said.
The broader market was mixed, but sentiment stayed largely positive as buyers took positions in heavyweights. Related
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