KUALA LUMPUR: The FBM KLCI finished higher on Friday amid cautious market sentiment, bucking the trend as other regional indices edged down.
The 30-stock index climbed 1.29 points, or 0.09% to 1,505.45 after moving between its intraday high of 1,513.23 and low of 1,503.71. For the week, the benchmark index declined 0.44%.
Stocks that fell outnumbered those that rose 513 to 371, with another 428 counters unchanged. A total of 3.4 billion shares changed hands, worth RM4.28bil.
Dealers said overall market conditions remained tentative as investors remained cautious amid external uncertainties and market volatility.
Among the gainers, Nestle jumped RM1.76 to RM64, PETRONAS Dagangan gained RM1.74 to RM19.20, United Plantations added 56 sen to RM22.56 and Carlsberg rose 32 sen to RM18.48.
Conversely, Panasonic Manufacturing
slid 52 sen to RM13.50, F&N fell 42 sen to RM23.58, Kuala Lumpur Kepong lost 40 sen to RM21 and Dutch Lady declined 32 sen to RM28.18.
Lim Seong Hai Capital, which transferred its listing from the LEAP Market to the ACE Market of Bursa Malaysia, declined five sen to 83 sen with 74.32 million shares traded.
Meanwhile, the ringgit was quoted at 4.4210, up 0.07% against the US dollar.
Among the key regional markets:
Japan’s Nikkei 225 closed down 0.2% to 37,677.06;
Hong Kong’s Hang Seng Index fell 2.19% to 23,689.72;
China’s CSI 300 Index declined 1.52% to 3,914.70;
Taiwan’s Taiex lost 0.75% to 22,209.10;
South Korea’s Kospi closed up 0.23% to 2,643.13 and;
Singapore’s Straits Times Index fell 0.18% to 3,923.42 points.
