KUALA LUMPUR: The FBM KLCI finished at its highest in about 17 months on Monday, in line with the performance of its regional peers.
The benchmark index closed up 9.11 points, or 0.6% to 1,515.39, its highest since August 2022 boosted by gains in banking and plantation stocks.
There were 499 gainers, 513 losers and 471 counters traded unchanged on the Bursa Malaysia. Turnover stood at 4.82 billion shares valued at RM3.43bil.
Among the 30 FBM KLCI constituents, PPB rose 24 sen to RM14.72, Sime Darby Plantation
added 17 sen to RM4.52, Hong Leong Financial Group gained 16 sen to RM16.44 and Axiata gained 11 sen to RM2.72.
Sime Darby Plantation single-handedly contributed 1.6985 points to the FBM KLCI.
Maybank climbed nine sen to RM9.23 pushing the index 1.5681 points higher while Public Bank Bank advanced four sen to RM4.41, lifting the index 1.1217 points higher.
On the broader market, Heineken surged RM2.10 to RM25.90, Carlsberg adde 30 sen to RM19.30, Malaysian Pacific Industries fell 76 sen to RM29.04 and F&N lost 66 sen to RM27.52.
Elsewhere in the region, Japan’s Nikkei 225 rose 0.77%, Hong Kong’s Hang Seng Index gained 0.78%, South Korea’s Kospi rose 0.89% and China’s CSI 300 Index slid 0.9%.
