Blue chips push FBM KLCI past 1,600


KUALA LUMPUR: The FBM KLCI rebounded to regain the 1,600-point level amid mixed performances in regional markets.

At 5 pm, the FBM KLCI rose 11.6 points, or 0.73%, to 1,604.04—its intraday high—driven by gains in Tenaga Nasional and Press Metal. The benchmark index had earlier touched an intraday low of 1,591.49.

Gainers trailed losers by 529 to 484, while 486 counters traded unchanged. Volume was 2.96 billion shares valued at RM2.23bil.

PETRONAS Dagangan, the biggest gainer on Bursa Malaysia rose 38 sen to RM18. Sunmow added 35 sen to RM35, Press Metal gained 29 sen to RM4.69 and Lysaght climbed 25 sen to RM3.43.

Among the decliners, Heineken slid 36 sen to RM23.64, F&N fell 32 sen to RM28.30, BAT lost 31 sen to RM7.43 and Dutch Lady declined 22 sem to RM30.

Meanwhile, ringgit has depreciated by 0.14% to 4.4810 against the US dollar.

The local currency rose 0.11% against the pound sterling, now at 5.6548 and up 0.1% against the Singapore dollar at 3.3329.

Around the region, MSCI's Asia ex-Japan stock index was higher by 0.21%.

Japan’s Nikkei 225 fell 1.09%, Hong Kong’s Hang Seng Index added 0.77% and South Korea’s Kospi gained 2.16%.

China’s CSI 300 Index closed down 0.46% and the Shanghai Composite Index declined 0.21%.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

FBM KLCI , KLCI , Bursa Malaysia

   

Next In Business News

Bright Meadow to acquire 59.88% stake in Mercury Industries for RM34.65mil
Johor Corp gets RM30.99mil integrated sustainable palm oil complex job
Ringgit slips against US dollar at the close
Master Tec 3Q revenue hits record high, declares 0.18 sen dividend
Nestcon bags RM31.6mil civil works contract
AWC bags RM48.57mil facilities management contract
Perak Transit explores new growth avenues
Swift Energy inks underwriting agreement
Country Garden submits offshore debt restructuring plan to creditors, sources say
Gold prices climb nearly 1% as dollar rally eases

Others Also Read