Maybank drives KLCI beyond 1,700 level


KUALA LUMPUR: Fund buying of key stocks including Maybank pushed the FBM KLCI solidly beyond the critical 1,700 level in Friday morning trade as the volatile July comes to an end.

At 9.43am, the KLCI was up 8.42 points or 0.5% to 1,708.34. Turnover was 291.13 million shares valued at RM152.21mil, reflecting the lower quality of buying. Gainers led losers 224 to 176 while 217 counters were unchanged.

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