The FBM KLCI rallied after an initial dip, led by financial stocks and shares related to YTL Corporation. The benchmark index saw a gain of 4.35 points to 1,557.04 at 12:30 pm, with a positive market breadth. YTL Corp was the most active share, while heavyweight banks contributed to the blue-chip index's strength. Regional markets also rose on positive US tech earnings and AI optimism.
KUALA LUMPUR: The FBM KLCI bounced higher after a weak start with financial stocks and YTL-related counters in the lead.
There was light turnover owing to the festive period with 805.86 million shares traded for a value of RM820.75mil.
MALAYSIA MARKET KLCI FINANCIAL STOCKS YTL CORP REGIONAL MARKETS
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