FBM KLCI pushes through 1,440 points

TradeView Capital's Ng opined that investors are positive on the government’s efforts to rationalise subsidy and embark on fiscal consolidation.

PETALING JAYA: The stock market is pumped up ahead of Budget 2024 as the benchmark index FBM KLCI climbed for the fifth straight day, breaking the 1,440-point mark.

Several sectors such as construction, financial services and utilities were among the outperformers this week, bolstered by investors scouting for potential beneficiaries of budget measures.