KUALA LUMPUR: Local funds and local retail investors jumped in to snap up oversold counters in mid-morning trade on Tuesday, setting the pace for a firm start in December, after the selldown by foreign funds the previous day.
At 10.19am, the FBM KLCI was up 35.17 points or 2.25% to 1,597.88. Turnover was 2.78 billion shares valued at RM1.38bil. Advancers beat decliners 608 to 340 while 416 counters were unchanged.
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