Bursa Malaysia Defies Wall Street Weakness as Consumer Stocks Shine

Bursa Malaysia ended the week on a high note, defying weaker cues from Wall Street as investors shifted their focus to consumer and plantation stocks.

The local market saw selective buying in defensive and commodity-linked sectors, which helped drive up prices.

In currency markets, the ringgit strengthened against the US dollar, reaching 4.0780.

Crypto assets were less fortunate, with Bitcoin falling to RM260,049, Ethereum dropping to RM7,697, and Solana down at RM300.