Fund buying of CIMB enables KLCI to close off lows (Update)


KUALA LUMPUR: Last minute buying of CIMB enabled the FBM KLCI to close off Wednesday’s low as the continued lacklustre market sentiment saw most investors staying on the sidelines but RHB Research expects the outlook to improve.

At 5pm, the KLCI was down 0.99 of a point or 0.05% to 1,845.32; off the intra-day low of 1,842.60. Turnover was 2.23 billion shares valued at RM1.64bil.

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