KUALA LUMPUR: The FBM KLCI finished higher on Tuesday for a third straight trading day, buoyed by gains in banking counters while the ringgit weakened against the US dollar.
The 30-stock index closed up 4.92 points, or 0.33% to 1,496.11, with 20 out of the 30 constituent counters ending higher. The index hit an intraday high of 1,500.39.
There were 511 gainers, 470 losers, and 465 counters traded unchanged on the Bursa Malaysia. Turnover stood at 5.16 billion shares valued at RM3.33bil.
Among the banks, Maybank rose eight sen to RM9.09, Public Bank added one sen to RM4.35 and CIMB gained five sen to RM6.02.
Maybank pushed the index higher by 1.3892 points, Public Bank boosted the index by 0.2795 points while CIMB lifted the index by 0.7678 points.
RHB Bank climbed three sen to RM5.60, Hong Leong Bank added 10 sen to RM19.02 while AmBank fell two sen to RM4.25.
YTL Power declined five sen to RM3.75 while YTL added three sen to RM2.32.
On the broader market, Malaysian Pacific Industries
rose 30 sen to RM29.30, Jentayu jumped 29 sen to 8.3.5 sen, Allianz gained 20 sen to RM19.78 and Heineken advanced 18 sen to RM24.08.
Among the losers, Ideal Capital tumbled 34 sen to RM3.13, PBA fell 17 sen to RM2.26, Ajinomoto lost 14 sen to RM16.20 and Lysaght Galvanized declined 14 sen to RM2.26.
Meanwhile, the ringgit was quoted at 4.7277, up 0.07% against the US dollar.
The local currency was up 0.1% against the euro at 5.150. It fell 0.12% against the pound sterling at 6.0173 and fell 0.07% against the Singapore dollar at 3.5298.
Elsewhere in the region, MSCI's Asia ex-Japan stock index was higher by 0.57%.
Japan’s Nikkei 225 fell 0.08% to 36,517.57 while South Korea’s Kospi closed up 0.58% to 2,478.61.
Hong Kong’s Hang Seng index was up 2.63% at 15,353.98 and China’s CSI300 index was up 0.4% to 3,231.93.
