KLCI bounces back, Public Bank, Telekom advance


KUALA LUMPUR: Blue chips managed to recoup all of their previous day’s losses on Wednesday as investor sentiment was bolstered by strong key Asian markets, with Public Bank and Telekom Malaysia underpinning the FBM KLCI’s advance.

At 5pm, the KLCI was up 19.19 points or 1.22% to 1,597.58. Turnover was 8.91 billion shares valued at RM4.22bil. Advancers led decliners 653 to 496 with 483 counters unchanged.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

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

BNM partners MoF to host GFIEF with 'resilient global Islamic economy' theme
CIMB Group achieves Forward23+ targets despite external uncertainties
MBSB proposes change of name to MBSB Bhd
Ringgit unchanged vs greenback due to wait-and-see mode
Saudi-based ACWA Power keen on investing over US$10bil in Malaysia
Bursa Malaysia to close for Labour Day
Singapore’s Hildrics Capital increases stake in GIIB
AirAsia X achieves 83% passenger load factor in 1Q24
Oppstar partners with Samsung Electronics for industrial integrated circuit production
Iconic Worldwide plans 'bigger and bolder bets' to accelerate growth

Others Also Read