KUALA LUMPUR: Bursa Malaysia’s key index extended its uptrend today, climbing to a 14-month high, surpassing the previous high recorded on Oct 22, 2024 at 1,642.54, supported by broad-based buying from local institutional investors.

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said the local market continued to demonstrate notable resilience, with the FTSE Bursa Malaysia KLCI (FBM KLCI) delivering a strong performance over the past three trading sessions.

“This reflects improving confidence in domestic fundamentals and sustained support from local funds,” Thong said.

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