Business News

Bursa Ends Higher As Investor Sentiment Improves

Bursa Malaysia closed higher yesterday as improved global sentiment lifted investor confidence across regional markets. The gains were supported by expectations that strategic oil reserves could be released to stabilise energy prices.

Investor Sentiment Improves

The FTSE Bursa Malaysia KLCI rose by more than seven points to close at 1,708.78. Analysts said buying interest returned to the market as investors reacted positively to global efforts to ease oil price volatility.

Market observers noted that geopolitical developments and global commodity prices continue to influence trading activity on the local exchange. 

Staff Writer

Recent Posts

University of London Launches Online Postgraduate Microcredentials in Malaysia

University of London introduces flexible online postgraduate microcredentials in Malaysia, offering stackable pathways for professionals…

3 hours ago

Numarine unveils 40MXP MITAN: a family-driven explorer designed for life at sea

Numarine's 40MXP superyacht, MITAN, accommodates 12 guests in six staterooms and emphasizes outdoor living and…

3 hours ago

U Mobile and TM Kick Off 5G Collaboration

U Mobile and TM have begun their 5G collaboration efforts.

6 hours ago

BNM International Reserves Reach US$126.6 Billion

Malaysia’s reserves stand at US$126.6 billion.

7 hours ago

AWC Berhad – Shah Alam Hospital HSS Contract Extended. Worth RM26.14 million

AWC has secured a RM22.2m plumbing contract, enhancing its order book to RM958.3m, positively impacting…

14 hours ago

Construction Sector Outlook Remains Positive Despite Cost Pressures

Analysts maintain positive view on construction sector, citing strong orderbooks, government infrastructure rollout, and manageable…

14 hours ago

This website uses cookies.