The FBM KLCI rose, fueled by gains in key sectors and a positive sentiment in regional markets. The ringgit also strengthened against major currencies.
The FBM KLCI rose 6.79 points, or 0.43%, to 1,602.99, supported by gains in YTL Power, Public Bank, and Tenaga Nasional. The index was influenced by broader gains in regional markets. Key gainers on the index included YTL Power, Public Bank, and Tenaga Nasional, while Hong Leong Bank and Sime Darby were among the key losers. The ringgit strengthened against the US dollar and the Singapore dollar. According to Bursa Malaysia data, foreign investors continued to sell local equities.
Bursa Malaysia and its subsidiaries will be closed on Wednesday for Christmas Day
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