The index managed to recoup about half of Tuesday’s losses which were due to selling pressure by foreign funds.
PETALING JAYA: Bursa Malaysia ended the first trading day of 2020 on Thursday with the FBM KLCI above the key 1,600 level, underpinned by fund buying of bank stocks and IHH Healthcare Bhd
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At 5pm yesterday, the FBM KLCI was up 13.74 points or 0.86% to 1,602.50. Turnover was 3.36 billion shares valued at RM1.85bil. Advancers beat decliners two to one or 614 gainers, 308 losers and 368 counters unchanged.
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