FBM KLCI ends 1pc higher

MALAYSIAN shares closed up 0.98 per cent today led by buying interest in blue-chips, dealer said.

The Kuala Lumpur Composite Index gained 11.68 points to 1,202.07. Advancers outpaced losers 391 to 270.


The FBMEmas advanced 67.27 points to 8,093.82, the FBM Top 100 surged 70.07points to 7,874.83 and the FBM70 advanced 45.23 points to 7,946.16.

The FBM Ace Index, however, eased 18.83 points to 4,122.55.

The Finance Index climbed 60.16 points to 9,692.36, the Industrial Indexgained 43.20 points to 2,650.74 while the Plantation Index jumped 92.34 pointsto 5,925.23.

Advancers led decliners 393 to 277 while 254 counters were unchanged, 353 untraded and three others were suspended.

The market undertone remained positive with volume amounting to 790.9 million shares valued at RM1.4 billion compared with yesterday's 388.7 million shares worth RM627.8 million.

“Following a lacklustre start, government-linked blue-chips were in play late today as some local funds entered the market,” a dealer with a local bank-backed brokerage told Dow Jones Newswires.

“We think buying interest could be sustained tomorrow,” he added. - Agencies

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