Genting-related stocks help drive FBM KLCI higher


Genting announced that its Resort World Genting will reopen tomorrow.

PETALING JAYA: The local stock market continued its upward momentum for a second day after a heavy selldown on Monday as investors are hoping for the economy to be back to pre-coronavirus (Covid-19) levels sooner than expected.

Yesterday, the local benchmark index FBM KLCI ended 8.6 points higher to 1,526.32, which is in line with many regional markets except for stock markets in South Korea and Japan.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

FBM KLCI remains in bullish mode on US corporate results beat
Trading ideas: MAHB, Capital A, Chin Hin, Cypark, Gadang, Comfort Gloves, HHRG, Haily
Crest Builder unit bags RM486mil job
Axis-REIT shows improved quarterly performance
Vietnam apparel companies raise concerns over 2H production
PMIs improve even as weak yen intensifies price pressures
Optimistic outlook for Grade A premium offices
Medical tourism to bolster private hospital growth
Haily wins RM109.5mil contract
ASIAWATER 2024 set to chart course for water resilience

Others Also Read