KUALA LUMPUR, July 31 (Bernama) -- Bursa Malaysia ended higher on Friday as investors continued to accumulate blue-chip stocks in line with stronger performances across most regional markets. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.50 points to 1,724.90 from yesterday’s close of 1,720.40. The benchmark index opened 0.83 of a point higher at 1,721.23, and moved between 1,715.67 and 1,730.12 throughout the day. The broader market was positive with gainers outpacing losers 707 to 402, while 547 counters were unchanged, 1,085 untraded and 56 suspended. Turnover expanded to 3.03 billion units valued at RM3.56 billion from 2.49 billion units valued at RM2.25 billion on Thursday.
Singapore equities opened higher on Wednesday, tracking a strong global rebound as optimism over a potential end to the Iran conflict lifted investor sentiment. STI Climbs as Risk Appetite Returns The FTSE Singapore Straits Time Index rose 1.51% to 4,959.12 , with broad-based buying across the market. Advancers outpaced decliners 165 to 20 Trading volume reached 61.7 million shares (S$144 million) The rally follows strong gains on Wall Street, signalling renewed risk appetite across global markets. Wall Street Surges on Iran De-escalation Signals US equities rallied sharply overnight as Iran signaled willingness to negotiate an end to the conflict. S&P 500 Index +2.9% Nasdaq Composite Index +3.8% Dow Jones Industrial Average +2.5% Mega-cap tech stocks led gains, including: Meta Platforms (META.US) +6.7% NVIDIA (NVDA.US) +5.6% Alphabet-A (GOOGL.US) +5.1% The rally reflects market opt...