KLCI closes 0.6% higher (Update)


KUALA LUMPUR: The Malaysian bourse ended higher on Thursday on fund buying of banks and selected blue chips, in line with regional equities, as investors's confidence perked up. At 5pm, the FBM KLCI rose 10.81 points or 0.6% to 1,752.57. Turnover was 1.32 billion valued at RM1.32nil. There were 503 gainers, 253 losers and 289 counters unchanged.

Reuters said European shares and bonds held on to recent gains on Thursday while gold and the euro gained, after data suggested the US Federal Reserve may have to leave its stimulus program in place for a little longer.

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