The Malaysian stock market, Bursa Malaysia, opened on a positive note this morning, following a strong performance on Wall Street. The benchmark KLCI gained ground as investors showed interest in heavyweight stocks in the banking and plantation sectors. Positive economic sentiment and stable commodity prices have contributed to the early morning rally.
Analysts predict that the market will remain resilient this week, though investors are keeping a close eye on upcoming GDP data releases. The performance of the ringgit against the US dollar also remains a key factor influencing market sentiment. For now, the local bourse is benefiting from global risk-on appetite and local institutional support