KUALA LUMPUR: Blue chips closed higher on Tuesday, aided by gains in Petronas Gas, Telekom Malaysia and RHB Bank, but again the broader market showed signs of weakening despite the rally in the ringgit.
At 5pm, the FBM KLCI was up 2.32 points or 0.14% to 1,720.68. Turnover was 2.27 billion shares valued at RM2.37bil. Decliners beat advancers three to one with 640 losers to 231 gainers and 424 counters unchanged.
Stock market data showed local retailers were the net buyers at RM24.4mil while local institutions were net sellers at RM24.15mil and foreign funds at a mere RM250,000.
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