KLCI rises 11.17 points to close at intraday high

KUALA LUMPUR: The FBM KLCI ended at an intraday high on Monday, boosted by the positive market sentiment and foreign support.

At closing, the benchmark index added 11.17 points, or 0.79% to 1,424.69, its intraday high. The index had earlier dipped to an intraday low of 1,412.38.

Market breadth, however, was negative as decliners led gainers 568 to 368, while 399 counters were unchanged.

Across Bursa Malaysia, 3.3 billion shares valued at RM1.8bil changed hands.

On Bursa Malaysia, Kuala Lumpur Kepong was the top gainer, jumping 54 sen to RM22.32, followed by Tenaga, which added 35 sen to RM9.46 and Heineken, which rose 30 sen to RM26.50.

Among the losers, Nestle eased 70 sen to RM131.80, Hextar Technologies lost 30 sen to RM26.50, 7-Eleven Malaysia fell 20 sen to RM2.

Elsewhere in the region, MSCI's Asia ex-Japan index was lower by 0.49%.

Japan’s Nikkei 225 rose 1.23% to 32,700.94 while South Korea’s Kospi closed up 0.72%, at2,628.53.

Hong Kong’s Hang Seng index was down 2.13%, at 18,668.15 and China’s CSI300 index closed down 0.44% to 3,805.22.