KUALA LUMPUR: Fund buying of banking stocks especially Public Bank and RHB Capital enabled the FBM KLCI to close higher of Wednesday while key regional markets were mixed ahead of the US politicians’ moves to avert a debt default.
At 5pm, the KLCI was up 6.61 points or 0.3% to 1,791.37, but off the intra-day high of 1,795.48. Turnover was 1.62 billion shares valued at RM1.88bil. The broader market was mixed with 395 gainers to 374 losers while 300 counters were unchanged.
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