
KUALA LUMPUR: Bursa Malaysia’s benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) continued its upward momentum for a fourth consecutive session, underpinned by ongoing support from domestic institutional investors.
IPPFA Sdn Bhd director of investment strategy and country economist Sedek Jantan noted that as year-end approaches, portfolio rebalancing by large funds has concentrated trading activity, providing steady support to the index.
