FBM KLCI claws back to positive territory

KUALA LUMPUR: The FBM KLCI clawed back into positive territory on Friday as selected index-linked counters lift.

The benchmark index added 0.67 of a point, or 0.04% to 1,490.47 after hitting an intraday high of 1,493.34.

For the week, the index fell 7.08 points.

There were 443 gainers, 510 losers and 388 counters traded unchanged on the Bursa Malaysia.

Turnover stood at 4.36 billion shares valued at RM2.41bil.

In terms of fund flows, foreign funds were net buyers on Thursday acquiring equities worth RM36mil. Local retailers were net sellers offloading RM36mil worth of equities.

On Bursa Malaysia, Malaysian Pacific Industries rose RM1.08 to RM34.72, Heineken added 44 sen to RM29.44 and Kuala Lumpur Kepong gained 26 sen to RM22.02.

Among the losers, F&N lost 40 sen to RM25, BAT eased 20 sen to RM12.88 and Hong Leong Capital declined 15 sen to RM6.43.

Around the region, MSCI's broadest index of Asia-Pacific ex-Japan dropped 0.49%.

Japan’s Nikkei 225 closed 0.39% higher at 27,509.46 while South Korea’s Kospi rose 0.47% to 2,480.40.

Hong Kong’s Hang Seng index was down 1.36%, at 21,660.47.

CSI300 index edged down 0.95% to 4,141.63 and the Shanghai Composite Index fell 0.68% to 3,263.41 points.

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FBM KLCI , Bursa Malaysia , KLCI


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