FBM KLCI ends 0.61% higher, boosted by 11th-hour buying

Estimate Reading Time: < 1 minute

KUALA LUMPUR: FBM KLCI extended its gains on Tuesday thanks to buying support in index-linked stocks which kicked in at the eleventh hour.


At 5pm, the 30-stock index gained 8.4 points, or 0.61% to 1,391.46, its intraday high.

There were 471 advancers to 368 decliners and 418 counters unchanged. Turnover was 2.83 billion shares with a value of RM1.9bil.

All indices on Bursa Malaysia apart from the Bursa Malaysia Real Estate Investment Trust (REIT) Index, energy and transportation & logistics closed higher.

Market sentiment was supported also by the firmer key regional markets. On the external front, MSCI’s Asia ex-Japan stock index was higher by 1.43%.

Japan’s Nikkei 225 advanced 0.04% to 32,203.57 while South Korea’s Kospi closed up 1.66%, at 2,562.49.


Hong Kong’s Hang Seng ended 0.97% higher at 18,659.83.

China’s CSI300 index rose 0.65% to 3,869.49 while the Shanghai Composite closed up 0.55% to 3,221.37.

Among the gainers on Bursa Malaysia, Rapid jumped 62 sen to RM21.52, Heineken Malaysia gained 46 sen to RM25.98, PETRONAS Dagangan added 44 sen to RM22.40 and Pertama Digital advanced 31 sen to RM3.01.

Hextar Technologies eased 78 sen to RM26.32, F&N fell 36 sen to RM25.04, DKSH slid 15 sen to RM4.62 and Dutch Lady lost 14 sen to RM20.34.

– The Star

Notice: ob_end_flush(): failed to send buffer of zlib output compression (0) in /home/capitalp/public_html/wp-includes/functions.php on line 5373