KUALA LUMPUR: After a continuous five-day rally, the FBM KLCI reached its highest point in 17 months on Friday.
The FBM KLCI rose to its highest in 17 months after five consecutive days of rally.
The benchmark index rose 2.18 points, or 0.14% to 1,506.28, its highest since August 2022. For the week the index gained 19.91 points, or 1.34%.
There were 580 gainers, 477 losers and 445 counters traded unchanged on the Bursa Malaysia. Turnover was at 4.9 billion shares valued at RM3.4bil.
YTL Corp was the top gainer among index constituents, up eight sen, or 3.38% to RM2.45 with 45.09 million shares traded. The counter pushed the index higher by 1.2675 points.
PETRONAS Gas rose eight sen to RMN17.72, Genting added seven sen to RM4.77 and CIMB gained six sen to RM6.18.
ACE Market debutant, KJTS closed its first day of trading with a 85.19%, or 23 sen gained at 50 sen with 212.75 million shares traded.
Allianz added 16 sen to RM19.54, Apex Healthcare
gained 13 sen to RM2.76 and Dutch Lady rose 12 sen to RM24.
Among the losers, Pertama slid 40 sen to RM2.50, Heineken fell 34 sen to RM23.80, Vitrox lost 15 sen to RM6.93 and F&N declined 14 sen to RM28.18.
On the forex market, the ringgit was up 0.02% against the greenback to 4.7300, 0.01% against the pound sterling to 6.014 and 0.07% against the Singapore dollar to 3.5284.
Elsewhere in the region, Japan’s Nikkei 225 fell 1.34%, Hong Kong’s Hang Seng Index closed down 1.6%, South Korea’s Kospi added 0.33%, China’s composite index gained 0.14% and Singapore’s Straits Times Index rose 0.38%.
