FBM KLCI closes on a positive note due to late buying

“As for the local bourse, we expect bargain hunting to continue, spurred by the benchmark index’s comparatively lower valuations against its regional counterparts,” Rakuten's Thong said.

KUALA LUMPUR: The FBM KLCI recouped after a weak opening and finished in positive territory thanks to late buying on Dialog Group Bhd, CelcomDigi Bhd and Nestle (M) Bhd stocks, says a dealer.

At 5pm, the FBM KLCI gained 0.4% or 6.67 points to 1,452.74, the intra-day high, from Wednesday’s close of 1,446.07.