Petronas Chemicals, banks ensure KLCI closes near day high

KUALA LUMPUR: Firmer crude oil prices and some buying of banks helped the FBM KLCI close near the day’s high, in line with most key Asian markets as China trade data eased worries about a sharper slowdown in its economy.

At 5pm, the FBM KLCI was up 15.63 points or 1.15% to 1,371.66. Turnover was 4.79 billion shares valued at RM2.07bil. Advancers beat decliners 706 to 203 while 296 counters unchanged.