FBM KLCI surges to two-month high


In yesterday’s session, KLCI-component stocks were overwhelmingly in the positive, with 27 gainers, two decliners and one closed unchanged. Dealers said the market undertone was improving and could be fuelled by recovery hopes.

KUALA LUMPUR: Share prices on Bursa Malaysia rose sharply yesterday, with index-linked counters posting nearly across-the-board gains and leading the FBM KLCI to a gain of 2.03%.

At the closing bell, the FBM KLCI surged 30.94 points, or 2.03% to 1,553.37, the highest in two months.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

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!

Bursa Malaysia , FBM KLCI , surges , stocks ,

   

Next In Business News

ACE Market-listed Pappajack seeks to transfer listing to Main Market
GIIB affirms financial statements integrity amid former director's forgery charges
Ringgit retreats against US dollar at the close on profit-taking
Mokhzani Mahathir is stepping down as chairman of Maxis
Malayan Flour Mills earmarks RM300mil capex for FY24
Epicon gets subcontract job worth RM50mil
Kawan Renergy IPO oversubscribed by 94.99 times
FBM KLCI extends gain to fresh 26-month high
Top HSBC shareholder Ping An will retain investment in bank, source says, amid sale talk
BWYS inks underwriting agreement with M&A Securities for ACE Market IPO

Others Also Read