Bursa Malaysia rises in quiet Good Friday trading

A positive mood in regional markets swept Bursa Malaysia higher for another day as investors continue to pick up oversold equities amid a lull in the ongoing tariffs saga.

At 12.30pm, the FBM KLCI had risen 9.75 points to 1,493.02, points away from a reclaiming the 1,500 psychological level.

Volume on the domestic market, however, was muted as some key markets were closed for Good Friday. US markets will also stay shuttered tonight, offering investors a break from potential volatility ahead of the weekend.

Turnover on the Malaysia Exchange was 921.36 million shares transacted for RM542.66mil.

Buoyed by China President Xi Jinping's tour of Southeast Asian and optimistic over US-Japan trade talks, Asian markets have maintained a cautious rise even as economists warn of recessionary risks arising from the disruptions to global trade.

China's mainland markets were in the red with the blue-chip CSI300 dropping 0.37% to 3,758 and Shanghai's composite index slipping 0.4% to 3,267.

Meanwhile, Japan's Nikkei rose 0.69% to 34,614

Hong Kong' and Singapore's respective stock markets were closed in observance of Good Friday.

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