FBM KLCI surges to two-month high


In yesterday’s session, KLCI-component stocks were overwhelmingly in the positive, with 27 gainers, two decliners and one closed unchanged. Dealers said the market undertone was improving and could be fuelled by recovery hopes.

KUALA LUMPUR: Share prices on Bursa Malaysia rose sharply yesterday, with index-linked counters posting nearly across-the-board gains and leading the FBM KLCI to a gain of 2.03%.

At the closing bell, the FBM KLCI surged 30.94 points, or 2.03% to 1,553.37, the highest in two months.

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!

Bursa Malaysia , FBM KLCI , surges , stocks ,

   

Next In Business News

Epicon exits PN17 category
MABE focused on parent company
Lotte Chemical remains cautious going forward
BHIC bags Navy submarine job from Mindef
UOA-REIT expects challenges
Pasukhas wins RM57mil data centre contract
Bursa Malaysia ends firmer on bargain hunting
Ringgit rebounds to end higher against greenback
Sunway potential FBM KLCI constituent stock
Wall St set to open higher as Fed allays rate-hike concerns

Others Also Read