For April, the 30-stock index was up 9.46 points or 0.58% from a month ago.
KUALA LUMPUR: CIMB and Public Bank nudged the FBM KLCI to a higher close on Tuesday, tracking the key Asian markets' rally on hopes of a more concrete US-China trade deal.
At 5pm, the KLCI was up 6.65 points or 0.4% to 1,671.28 – recouping less than half of the losses suffered the previous day.
Turnover rose to 3.02 billion shares valued at RM2.10bil, led by penny oil and gas stocks. The broader market was firmer with 523 gainers, 346 losers and 405 counters unchanged.
On the external front, the Hong Kong stock market closed higher , supported by sentiments in global markets and as Beijing and Washington appeared to progress towards a trade deal, Bloomberg reported. The Hang Seng index was up 1.5% while the Hang Seng China Enterprises index rose 1.7%.
Japan's Nikkei 225 rose 1.79%, Taiwan's Taiex 0.91%, South Korea's Kospi 0.89% and Singapore's STI 0.7%.
European markets traded high after European Commission President Jean-Claude Juncker and UK Prime Minister Theresa May agreed a new Brexit withdrawal deal, according to the Bloomberg.
The ringgit rose against the US dollar by 0.15% to 4.0842 but fell 1.57% to the pound sterling to 5.4007 and lost 0.19% to the euro at 4.6084 and shed 0.06% against the Singapore dollar to 3.0119.
CIMB rose nine sen to RM5.37 and added 1.34 points to the KLCI while Public Bank added 20 sen to RM24.40 and nudged the index by 1.21 points, AmBank added four sen to RM4.50 and Maybank two sen to RM9.49 while RHB Bank closed five sen higher at RM5.63. Hong Leong Bank lost 24 sen to RM20.66.
Among the consumer stocks, Nestle rose RM1.10 to RM148.80, BAT 60 sen to RM34.48 and Dutch Lady
10 sen to RM63.70.
US light crude oil rose 30 cents to US$57.09 and Brent added 32 cents to US$66.
Among the penny O&G counters, Dayang rebounded 13 sen to RM1.65. Sapura Energy rose one sen to 32.5 sen, Bumi Armada 2.5 sen to 19 sen and Velesto 2.5 sen to 30.5 sen.
As for the heavyweights, Petronas Chemical rose six sen to RM9.26, Petronas Gas two sen to RM17.76 but Petronas Dagangan 20 sen lower at RM25.70 while Dialog added two sen to RM3.19.
Crude palm oil for third month delivery rose RM12 sen to RM2,131 per tonne. KL Kepong gained two sen to RM24.80, IOI Corp was flat at RM4.51, PPB Group fell 12 sen to RM18.26 and Sime Darby Plantation shed two sen to RM5.08.
Sime Darby gained one sen to RM2.16, Tenaga two sen to RM12.46, Genting Malaysia two sen to RM3.37 and Genting 10 sen to RM7.01.
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