Bursa Malaysia rebounded strongly, with the FTSE Bursa Malaysia KLCI (FBM KLCI) surging 1.63% to close at 1,540.22, up 24.66 points. The rally was driven by bargain hunting, renewed foreign fund inflows, and easing trade concerns following US President Trump’s tariff announcements. Market breadth was positive, with 454 gainers surpassing 347 decliners.
Bursa bounced back with
Turnover dipped to 2.56 billion units worth RM2.25 billion. Export-oriented and consumer discretionary stocks led gains, supported by sectoral rotation and optimism from geopolitical developments, including moderated US auto tariffs. Investors are now eyeing technology and export sectors for growth in May.
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