KUALA LUMPUR: IHH Healthcare and Petronas Chemicals powered the FBM KLCI to Thursday's highest close while trading volume on the stock exchange recorded another fresh high.
At 5pm, the KLCI was up 20.44 points or 1.3% to 1,588.57. Turnover was 16.68 billion shares – the third straight day of record volume -- valued at RM8.56bil. The broader market was firm with 716 gainers, 468 losers and 358 counters
Asean markets were among the top performers with the KLCI taking the lead, Singapore's STI 1.02%, Jakarta Composite 1% and Thailand's SET 0.25%.
Top Glove rose 46 sen to RM28.40 and added 1.95 points to the KLCI while Hartalega was flat at RM19.80, Supermax added 78 sen to RM23.78 and HLT 73 sen to RM3.18.
Top Glove has the second highest weighting among the KLCI stocks at 7.47 after Maybank which is at 8.30. Hartalega's weighing is 6.71 and Public Bank 6.4.
IHH Healthcare climbed 16 ssen to RM5.40 and boosted the KLCI by 2.2 points.
Despite the retreat in crude oil prices, Petronas Chemicals ended the day up 19 sen to RM5.92 and powered the KLCI up 2.38 points. Petronas Dagangan added 24 sen to RM20.30, Petronas Gas gained 10 sen to RM16.38 and Dialog eight sen to
US light crude oil fell 39 cents to US$41.80 and Brent 13 cents lower at US$45.04.
Hap Seng Consolidated ended the day 22 sen higher at RM8.40, Tenaga Nasional rose six sen to RM11, Press Metal 14 sen to RM5.05 while Genting and GentingM were flat at RM3.70 and RM2.22.
Among the banks, Public Bank rose 30 sen to RM16.98 and lifted the KLCI by 1.82 points, Maybank added five sen to RM7.52, Hong Leong Bank 36 sen to RM14.78, RHB 11 sen to RM4.95 and CIMB two sen to RM3.45.
Crude palm oil for third month delivery rose RM50 to RM2,767 per tonne. IOI Corp rose 13 sen to RM4.52 and added 1.28 points, Sime Plantation six sen to RM5.11, KL Kepong 24 sen to RM23 and PPB Group two sen to RM18.90.
XOX was the most active stock, up one sen to 27 sen with 608 million shares done, NICE jumped 11.5 sen to 23 sen with 513.9 million shares and Iris six sen to 43.5 sen.
Consumer stocks were also amog the top gainers led by Nestle, upRM3.70 to RM143.10 and F&N RM1.48 to RM32.98.
As for telcos, Axiata added three sen tp RM3.17, Digi six sen to RM4.21 and Maxis 10 sen to RM5.25 but Telekom shed one sen to RM3.89.
The ringgit rose 0.03% against the US dollar to 4.1895.
Spot gold rose US$10.89 to US$2,049.02.