KUALA LUMPUR: Bursa Malaysia closed higher on Tuesday in line with its regional peers while the FBM KLCI was shored up by Top Glove and Petronas Dagangan.
At the close, the KLCI was up 14.09 points, or 0.9% to 1,580.49. The index moved between 1,585.18 and 1,571.30 during the session. It opened 8.63 points higher at 1,575.03 this morning.
In the broader market, decliners outnumbered gainers 670 to 502, while 435 counters remained unchanged. Turnover stood at 6.62 billion shares worth RM5.12bil.
MSCI’s gauge of Asia Pacific stocks outside Japan rose 1.5%, Reuters reported.
Japan’s Nikkei 225 closed up 0.97% at 28,362.17 points while the broader Topix rose 0.83% to 1,844.91. Hong Kong’s Hang Seng index rose 1.2%, to 29,248.70. China’s CSI300 index rose 1.5% to close at 5,501.09, while the Shanghai Composite Index added 0.8% to 3,533.68.
At Bursa Malaysia, MPI jumped RM1.30, or 3.9% to RM34.30. Petronas Dagangan added 60 sen to RM19.96, Kuala Lumpur Kepong gained 56 sen to RM23.80 and Hartalega rose 44 sen to RM13.30.
Petronas Dagangan nudged the index higher by nearly one point, KLK lifted the index by 0.94 of a point and Hartalega pushed the index 2.35 points higher.
Top Glove added 31 sen to RM7.05, pushing the index 3.9638 points higher. Petronas Chemicals rose 20 sen to RM6.91, lifting the index 2.4944 points higher.
Among the banks, Maybank gained four sen to RM7.85, CIMB rose two sen to RM3.86, Hong Leong Bank added four sen to RM17.30, RHB closed unchanged at RM5.10 while
Public Bank fell nine sen to RM4.10.