KUALA LUMPUR: Bursa Malaysia ended in positive territory due to broad based buying.
At 5 pm, the FTSE Bursa Malaysia KLCI rose by 0.25 per cent, or 3.96 points, to 1,618.38, up from Tuesday's close of 1,614.42.
The overall market sentiment was positive, with 567 gainers outnumbering 540 losers, while 529 counters remained unchanged.
Rakuten Trade Sdn Bhd equity research vice president Thong Pak Leng said the benchmark index continues its upward trajectory backed by a consistent influx of foreign buying support.
"We believe the present momentum will generate more investors, especially retail investors, into the market.
"We anticipate the FBM KLCI to trend within the range of 1,610-1,630 for the rest of the week," he added.
Thong noted that key regional indices ended the day with mixed results, as the market's attention remained on the timing of potential interest rate cuts by the Federal Reserve.
"Investors are focused on Thursday's US consumer inflation figures, hoping for further proof that price growth is easing, which would likely strengthen the Fed's resolve to reduce rates," he said.