FBM KLCI bounces back from two days of losses


KUALA LUMPUR: The local bourse rebounded following two days of losses as investors moved to seize opportunities.

The benchmark FBM KLCI closed at 1,549.11, up 0.23% or 3.62 points, taking its full-week gain to 1.01%.

On the broader market, sellers led buyers by 613 to 448, while 458 counters traded unchanged. Volume rose to 4.07 billion shares, valued at RM3.2bil.

Top gainers, YTL Corp rose 32 sen to RM2.47, YTL Power gained 24 sen to RM4.02. Both the counter contributed a total of 7.9158 points to the index.

Malayan Cement climbed 21 sen to RM5.04, Can-One added 19 sen to RM2.64 and Petra Energy rose 18 sen to RM1.21.

Among the losers, Nestle slid 50 sen to RM121.20, Kuala Lumpur Kepong fell 38 sen to RM22.48, Ajinomoto lost 20 sen to RM17 and Petron Malaysia declined 17 sen to RM4.65.

Meanwhile, the ringgit was quoted at 4.7782, down 0.06% against the US dollar. The local currency rose 0.23% against the Singapore dollar at 3.5533.

Around the region, MSCI's Asia ex-Japan stock index was firmer by 0.15%.

Japan’s Nikkei 225 ended up 2.19% at 39,098.68, while South Korea’s Kospi gained 0.13% higher at 2,667.70.

Hong Kong’s Hang Seng index closed down 0.1% at 16,725.86 and China’s blue-chip CSI 300 index ended up 0.09% at 3,489.74.

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FBM KLCI , KLCI , Bursa Malaysia

   

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