Bursa Malaysia continues year-end rally as it enters last day of 2022 trading

KUALA LUMPUR: Bursa Malaysia started the last trading day of 2022 on a mild rally as markets attempted to close out the year on a high note.

Major Wall Street indices ended higher overnight as investors picked up on oversold stocks as they approached the close of the trading year, with a higher-than-expected jobless claims report helping to lift the gloom.