Market optimism continues ahead of peak corporate earnings period

KUALA LUMPUR: The positive momentum on Bursa Malaysia continued, buoyed by a positive Wall Street performance on Friday as well as better-than-expected economic growth.

"Given the key index is staying above the 1,500 level, the local bourse may see more upward movement driven by optimism ahead of the upcoming reporting season, in view of the better-than-expected Malaysia GDP data," said Malacca Securities Research in a report.