KUALA LUMPUR: The FBM KLCI climbed to a four-year high on Monday, while the ringgit continued to strengthen below 4.40, driven by strong second-quarter (2Q) GDP and trade data.
At closing, the 30-stock rose 24.80 points, or 1.53% to 1,648.70, its highest since early December 2020. The benchmark index earlier hit an intraday high of 1,653.35. Today’s move is the biggest since rising 2.47% on Aug 6.
