KLCI climbs to 7-day high, regional markets rally


KUALA LUMPUR: Tenaga and Genting helped push the FBM KLCI to a seven-day high on Monday as investors were relieved that euro zone finance ministers agreed to lend Spain up to US$125bil to strengthen its struggling banks.

At 12.30pm, the FBM KLCI was up 9.57 points or 0.61% to 1,580.19, the highest since May 31. Turnover was 355.23 million shares valued at RM589.69mil. There were 327 gainers, 227 losers and 262 counters unchanged.

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