Sime Darby, Maxis push KLCI higher


KUALA LUMPUR: The FBM KLCI extended its gains and ended Thursday almost 19 points higher, backed by Sime Darby and Maxis, as investors sentiments recovered in line with the mostly firmer Asian markets.

Wall Street had rebounded after three days of declines after the Fed said it would adopt a "patient" approach to raising interest rates.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

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

Malaysia inflows bring LME aluminum stocks to highest since 2021
PM says to cut fuel subsidy at the ‘right time’
Ringgit ends higher against the greenback
Cypark GCEO Datuk Daud Ahmad resigns
US producer prices increase more than expected in April
China strongly opposes U.S. tariff hikes, pledging measures to defend rights
Heineken keeps its guard up after posting encouraging 1Q24
Ringgit ends higher against greenback for third straight day ahead of US data
PM Anwar says to cut fuel subsidy at the ‘right time’
BCB buys land in Batu Pahat, Johor for RM83.71mil

Others Also Read