Rakuten Trade Revises Margin Financing Rates Downward to Support Active Investors, Broad market sentiment
KUALA LUMPUR: Bursa Malaysia ended the week on a strong note as the FBM KLCI surged 12.42 points or 0.76% to 1,637.81, its highest close since early October 2025. The benchmark recorded a weekly gain of 1.32%, buoyed by upbeat regional sentiment and a resurgent ringgit.
The local currency powered to a four-year high of 4.0905 against the US dollar, fuelled by broad-based dollar weakness. Market breadth was decisively positive with 744 gainers overwhelming 387 decliners, while turnover reached 3.09 billion shares worth RM2.46 billion.
Plantation giant BLD Plantation soared RM1.16 to RM16.20, PETRONAS Gas rose 42 sen to RM17.70, and Tenaga Nasional advanced 28 sen to RM13.02. Nestle was the biggest loser, down 90 sen to RM113.30. Regional markets also rallied, with the MSCI Asia-Pacific ex-Japan index up 1.08%.
Read More News on Latest Malaysia
Read More News on Business News Malaysia
Read More News on SG Business News
Read More News on World Future TV
Sunway’s attempt to acquire a stake in IJM has fallen through.
FBM KLCI falls on Middle East tensions; energy sector favoured, corporate updates include Sunway’s failed…
Industry players are warning of potential supply chain disruptions.
Malaysia faces rising climate risks, with floods, heatwaves and economic losses highlighting urgent need for…
Telecommunications networks are crucial for national security and public trust, necessitating a shift towards resilience…
MALAKOF is expected to recover, with potential price increases if it surpasses RM0.880; failure to…
This website uses cookies.