Foreign buying underpins telcos, Petronas Chemicals late push


KUALA LUMPUR: Telcos and Petronas Chemicals provided the last-gasp advance for the FBM KLCI which was under pressure in the late afternoon on Monday while the broader market was mixed and the ringgit slipped against the key currencies.

At 5pm, the KLCI was up 0.19 of a point or 0.01% to 1,755.19. Turnover was 2.04 billion shares valued at RM1.71bil. There were 380 gainers, 409 losers and 440 counters unchanged.

Stock market data showed foreign funds were net buyers at RM111.04mil while local institutions were net sellers at RM113.86mil. Retail investors were net buyers at RM2.82mil only.

 

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