FBM KLCI rises on strong support from local funds


PETALING JAYA: The benchmark FBM KLCI rose 23.23 points or 1.35% to 1,747.03 on strong support from local funds after China’s August exports data showed signs that external demand may be recovering.

The rally was broad-based with 568 counters up versus 171 down and 266 unchanged on volume of 127 billion shares and a turnover of RM1.6bil.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

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!

Business , FBM KLCI , Asian markets

   

Next In Business News

MYEG, Zetrix and MaiCapital to explore launch of virtual asset funds
Asian shares jump on tech boost; fragile yen on intervention watch
The business of immersion
MPOB intensifying oil palm industry R&D strategies, says chairman
Hong Kong bourse operator's Q1 profit down 13% on weaker listings, trading
FBM KLCI hits fresh two-year high as rally continues
Tony Fernandes signs 5-year extension as Capital A CEO
Australia Q1 inflation slowdown disappoints, rate cut bets gone
Ringgit rebounds on softer US$ after PMI data
Positive earnings outlook for Axis REIT

Others Also Read