Public Bank, CIMB underpin KLCI, Petronas stocks weigh

KUALA LUMPUR: The FBM KLCI closed higher, supported by fund buying of Public Bank and CIMB Group on Friday, bucking most of the key regional markets despite some selling of Petronas stocks and oil and gas counters.

At 5pm, the FBM KLCI was up 0.98 of a point or 0.05% to 1,856.61. Turnover was 2.06 billion shares valued at RM2.83bil. There were 418 gainers, 431 losers and 318 stocks unchanged.