KLCI best performer in Asia, boost from Public Bank


Public Bank, which had in recent weeks come under selling pressure, rallied 90 sen to end at RM20.30. It powered the KLCI up 6.15 points.

KUALA LUMPUR: Fund buying of Public Bank underpinned the FBM KLCI's surge on Thursday to be the top performer among the key Asian markets, as it neared the critical 1,600 level.

At 5pm, the KLCI was up 17.98 points or 1.14% to 1,597.98 – but it is still down 5.54% year-to-date.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Public Bank , KLCI , banks

   

Next In Business News

Fajarbaru now called 'FBG'
EPF's investment in MAHB to support dividend payouts
MAHB: Five independent directors not terminated
EX-Tabung Haji CEO Nik Hasyudeen Yusoff appointed SC board member
SD Guthrie appoints new sustainability committee chairman
US AI chip export restrictions to have limited impact on tech sector - Maybank
Bursa Malaysia a sea of red as inflation risk, trade fears continue to bite
SC to unveil toolkit to assist listed companies' transition to meet NSRF compliance
Colform aims to rise RM41.19mil from IPO to fund expansion plans
Affin Bank targets 146 branches by end-2025

Others Also Read