FBM KLCI maintains upward momentum


KUALA LUMPUR: The FBM KLCI extended its gain and ended the day 0.26% higher on continuous buying support in heavyweights, in sync with regional markets.

The benchmark index closed up 4.03 points to 1,539.86, lifted by gains in banking and plantation stocks. It moved between 1,541.15 and 1,535.32 throughout the day. For the week, the FBM KLCI rose 0.12%.

Winners and losers were closely balanced, with 486 gainers against 496 losers and 424 that were flat. A total of 3.03 billion shares changed hands worth RM2.73bil.

Malaysian Pacific Industries (MPI) led the local bourse winners’ list, rising 70 sen to RM29.50. HeiTech Padu added 46 sen to RM2.45, Ajinomoto gained 44 sen to RM19.38 and United Plantations rose 40 sen to RM23.94.

On the other hand, Heineken slid 58 sen to RM22.84, Amway fell 49 sen to RM7.69, Nestle lost 30 sen to RM122 and PPB declined 20 sen to RM15.44.

Among the banks, AmBank jumped 18 sen to RM4.13, CIMB gained 13 sen to RM6.65, Maybank added five sen to RM9.75, Hong Leong Bank rose four sen to RM19.50 and RHB Bank climbed one sen to RM5.64. Public Bank, however, declined one sen to RM4.29.

On the external front, Japan’s Nikkei 225 rose 0.23%, Hong Kong’s Hang Seng Index closed up 0.76%, South Korea’s Kospi advanced 1.24%, China’s composite index gained 0.61% and Singapore’s Straits Times Index declined 0.28%.

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FBM KLCI , KLCI , Bursa Malaysia

   

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