FBM KLCI ends at intra-day high, ringgit climbs

KUALA LUMPUR: Bursa Malaysia closes at its intra-day high on Monday, with Petronas-linked and consumer stocks topping gainer’s list.

The 30-stocks index rose 0.62% or 9.86 points to close at 1,611.28. The market traded within a range of 13.45 points between an intra-day high of 1,611.28 and a low of 1,597.83 during the session.

Broader market sentiment stayed cautious with 654 losers and 431 gainers, while 452 counters traded unchanged. Trading volume was 6.7 billion shares valued at RM3.57bil.

The ringgit rose 0.07% to 4.1440 against the US dollar. The local currency was up 0.23% against the euro at 4.8761. It fell 0.25% against the pound sterling at 5.7228 and up 0.12% against the Singapore dollar at 3.0753.

Meanwhile, top gainers on Bursa Malaysia included MPI, F&N, Hong Leong Financial Group (HLFG), Petronas Gas and Petronas Dagangan.

MPI added RM1.08 to RM39.46, F&N advanced 70 sen to RM30.90, HLFG climbed 48 sen to RM18.06, Carlsberg rose 32 sen to RM24.08.

Petronas Gas rose 46 sen to RM16.28 and Petronas Dagangan added 26 sen to RM20.16.

Nestle, the top loser on Bursa Malaysia, shed 30 sen to RM136.50. Cheetah fell 28 sen to RM2.61, Heineken lost 24 sen to RM25.76 and Westports declined 23 sen to RM4.27.

Among the banks, Maybank added 13 sen to RM8.38, Public Bank climbed four sen to RM4.23 and Hong Leong Bank rose two sen to RM18.80.

On the external front, Japan’s Nikkei rose 0.71% to close at 29,384.52, while the broader Topix rose 0.46% to close at 1,993,34.

South Korea’s Kospi ended 4.97 points, or 0.16%, lower at 3,036.04.

China’s CSI300 index rose as much as 1%, before closing up 0.2% at 5,046.88, while the Shanghai Composite Index added 0.5% to 3,435.29.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3

FBM KLCI , Bursa Malaysia , KLCI


Next In Business News

Palm oil price reverses gains as India puts import tax cut plans on hold
White House considering talks between Biden and China's Xi
Spain's Acciona seeks US$11.6bil valuation with renewables IPO
Oil falls from multi-year highs on firmer dollar, hike in UK COVID cases
GLOBAL MARKETS-Tech shares buck trend as hawkish Fed weighs on global stock markets
Reversing the decline among M40
Indonesia holds key rate as new virus wave threatens economy
Clear guidelines on well-being of the people
Australian central bank among those hit by widespread internet outages
Euro Holdings cancels proposed bonus issue after steep plunge

Stories You'll Enjoy