Bursa bucks Asian markets to close higher, ringgit firmer


The gains in the stock market came amid the decline in crude oil prices and crude palm oil for third month delivery.

KUALA LUMPUR: Bursa Malaysia bucked key Asian markets on Wednesday to close nearly 1% higher on local fund support for key stocks including Petronas Chemicals, MISC, Sime Plantations and Dialog Group.

At 5pm, the KLCI was up 13.36 points or 0.93% to 1,443.83 but year-to-date, it is down 9.12%.

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KLCI , local funds , Genting , ringgit

   

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