FBM KLCI up 12 points on bargain hunting

Rakuten's Thong expects the FBM KLCI to consolidate within the 1,400 to 1,415 range for the rest of the week.

KUALA LUMPUR: Improved risk sentiment and bargain hunting in heavyweights led by Press Metal Aluminium Holdings Bhd and Petronas Chemicals Group Bhd (PetChem) see Bursa Malaysia’s main index gain 0.9%.

At 5pm, the FBM KLCI advanced 12 points, or 0.89% to 1,409 compared with Monday’s close of 1,396.