KUALA LUMPUR: Bursa Malaysia extended its gains on Thursday as the FBM KLCI was lifted by Petronas-linked stocks, buoyed by firm crude oil prices, while plantations and glove makers rallied.
At 5pm, the KLCI was up 16.99 points or 1.18% to 1,452.11. Turnover was high at 7.15 billion shares valued at RM4.65bil. There were 558 gainers, 430 losers and 405 counters unchanged.
Bursa's firmer close bucked the key Asian markets. Reuters reported Japan's Nikkei stock index slid 0.2% after data there showed the country's exports collapsed 21.9% in April. Another dismal trade report came from South Korea where 20-day exports declined by 20.3% year-on-year and imports fell by 16.9%, though Korean stocks still ended the day higher.
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