AI Summary
Bursa Malaysia closed higher at 1,590.24, driven by buying in heavyweights despite regional market caution. Positive market breadth saw advancers outnumber decliners. Analysts attribute the rise to breaching the 1,585 resistance level, strong domestic sentiment, and institutional inflows into sectors like property and consumer goods. Optimistic projections suggest the index could reach 1,600 and potentially 1,640.
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