Petronas Chemicals, Genting lead KLCI to higher close


Bursa Malaysia joined the key Asian markets recovery as they notched gains of between 0.4% and 2.25% with Dialog, telcos, glove makers and Maybank underpinning the advance.

KUALA LUMPUR: Blue chips closed higher on Monday, underpinned by gains in Petronas Chemicals and Genting Malaysia but the broader market showed signs of weakness.

At 5pm, the FBM KLCI was up 3.42 points or 0.18% to 1,825.91. Turnover was 5.4 billion shares valued at RM3.33bil. There were 378 gainer, 685 losers and 376 counters unchanged.

Foreign funds were net buyers at RM148.80mil while retail investors also joined in ad were net buyers at RM55.62mil. Local institutions were net sellers at RM204.42mil. 

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