MatchPoint Times

Home

Bursa ends higher as strong economic data lifts investor confidence

Cover Image for Bursa ends higher as strong economic data lifts investor confidence

The rise reflects optimism over the nation’s resilient labour market, firming ringgit and a steadier global risk environment, says analyst.

KUALA LUMPUR: Bursa Malaysia closed higher on Monday, supported by improving domestic and global economic data that reinforced investor confidence in Malaysia’s near-term growth outlook.

IPPFA Sdn Bhd director of investment strategy and country economist Sedek Jantan said the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) advanced as sentiment turned more constructive, reflecting optimism over the nation’s resilient labour market, firming ringgit, and a steadier global risk environment.

Tags:Bursa closingFBM KLCIFMTBizMarketSedek JantanUS government shutdown


Kushner in Israel as trapped Hamas fighters issue hampers Gaza truce progress

US mediators are meeting Israel’s prime minister with attention turning to the second, far more complex, phase of the ceasefire deal.

🟡Reuters

PKR decided unilaterally on preparations for Sabah polls, claims Upko

Party secretary-general Nelson Angang says there is no real autonomy for Sabah PH.

🟡FMT Reporters