At Bursa, Public Bank rose 42 sen to RM19.56 and added 2.87 points to the KLCI. According to Bloomberg's consensus ratings, seven research house or 31.8% have a Buy, nine a hold and six a sell.
KUALA LUMPUR: Late fund buying of Public Bank and a recovery in Tenaga Nasional enabled the FBM KLCI to close higher on Wednesday ahead of the signing of phase one of the US-China trade deal.
At 5pm, the KLCI was up 4.54 points or 0.29% to 1,585.14. Turnover was 2.54 billion shares valued at RM1.67bil. There were 339 gainers, 471 losers and 423 counters unchanged.
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