KUALA LUMPUR: The FBM KLCI closed firmer on Thursday backed by gains in CIMB and KL Kepong as investors sentiments were positive after the dollar hit a four-year high.
At 5pm, the KLCI closed up 3.03 points to 1,843.11. Turnover was 2.399 billion shares valued at RM1.849bil.
However, the broader market was weaker with 419 gainers, 437 decliners and 308 counters unchanged.
Reuters reported the dollar hit a four-year high and oil hovered near a two-year low on Thursday, as investors wagered the United States will be one of the few economies healthy enough to wean itself off of central bank aid in the near future.
It said the greenback was also within touching distance of its recent six-year high against the and was exerting broad downward pressure on commodities markets which are largely priced in dollars.
At Bursa Malaysia, KL Kepong rose 48 sen to RM21.60, adding 0.9 of a point to the index while CIMB was up 12 sen to RM7.10, adding 1.76 points.
Kawan 19 sen to RM2.49 and MyEG 40 sen to RM3.83.
BAT rose 20 sen to RM70 GBH 18 sen to RM2.45.
Decliners were PMetal, down 49 sen to RM6.30, PMetal-LA 80 sen to RM6.22 and PMetal-WC 47 sen to RM4.18.
United Plantations fell 28 sen to RM26.02 and Batu Kawan 30 sen to RM19.20.
UMW fell 28 sen to RM12.
Among the key regional index:-
Nikkei 225 rose 1.28% to 16,374.14
Hong Kong Hang Seng Indexfell 0.64% to 23,768.13
Shanghai Shenzhen CSI 300 Index fell 0.20% to 2,436.97
Taiwan Stock Exchange Weighted Index fell 0.96% to 9,011.59
Korea Stock Exchange KOSPI Index fell 0.08% to 2,034.11
Straits Times Index STI fell 0.04% 3,291.61
Crude oil fell 11 cents to US$92.69 and Brent 23 cents to US$96.72.
Spot gold fell US$5.86 to US$1,211.23
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