Public Bank, HL Bank again underpin KLCI’s early advance


KUALA LUMPUR: Public Bank and Hong Leong Bank underpinned the FBM KLCI’s early advance on Wednesday as Asian markets were upbeat about the strong overnight close on Wall Street on stimulus hopes.

At 9.07am, the KLCI was up 14.22 points or 0.85% to 1,688.24. Turnover was 695.92 million shares valued at RM306.10mil. The broader market was strong with 505 gainers to 134 losers and 348 counters unchanged.

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!

   

Next In Business News

Stocks slide, dollar strong as markets wonder if Fed is done
FBM KLCI joins regional markets in sharp dive as US payrolls outperforms
With huge landbank UEMS is a key beneficiary of the JS-SEZ initiative
Regulatory constraints dampen utilities earnings outlook
Allianz outlook pending outcome of medical premiums cap
Economic growth expected to slow in 4Q
BMI ups its end-2025 ringgit forecast to RM4.40 per US$
Oil jumps on expectations new US sanctions to cut Russian supply
Foreign funds dump RM502.2mil net of Malaysian equities
Ringgit opens lower against US$ in early trade

Others Also Read