BURSA Malaysia closed higher on Wednesday, with the key index rising 1.10 per cent, in line with firm gains across regional markets following a strong rally on Wall Street overnight, said an analyst.
IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan said the improvement in sentiment was underpinned by easing geopolitical concerns and a decline in oil prices.
At 5 pm, the FBM KLCI increase 18.54 points or 1.10 per cent to 1,708.90 from Tuesday’s close of 1,690.36.
The benchmark index opened 25.58 points higher at 1,715.94, marking its intraday high, and hit a low of 1,700.20 during the mid-morning session.
The broader market was positive, with gainers leading decliners 780 to 444. A total of 475 counters were unchanged, 926 untraded and 11 suspended.
Turnover narrowed to 3.58 bil units worth RM3.56 bil from yesterday’s 3.64 bil units worth RM3.96 bil.—Apr 1, 2026
