FBM KLCI extends gains for second day, tracking regional markets


KUALA LUMPUR: The FBM KLCI closed higher for the second straight day on Tuesday, tracking gains in regional bourses as investor sentiment improved.

The benchmark FBM KLCI closed up 5.57 points, or 0.38% at 1,486.43, slightly below its intraday high of 1,489.90.

There were 478 gainers, 431 losers and 459 counters traded unchanged on the Bursa Malaysia. Turnover stood at 3.35 billion shares valued at RM1.91bil.

Among the gainers, Nestle surged RM1.50 to RM80, F&N jumped RM1.10 to RM25.98, Heineken rose 38 sen to RM26.38 and Hong Leong Financial Group climbed 24 sen to RM17.10.

Malaysian Pacific Industries, the top loser on Bursa Malaysia slid 64 sen to RM15.08. Dutch Lady lost 50 sen to RM27.12, KESM fell 14 sen to RM2.75 and Arka declined 13 sen to RM1.27.

ACE Market debutant, MSB Global Group fell three sen, or 15% to 17 sen with 63.86 million shares traded.

Reach Energy, which is facing delisting risk tumbled 66.67% to 0.5 sen with 54.3 million shares traded.

Meanwhile, the ringgit was quoted at 4.4135 against the US dollar, down 0.01%, and slipped 0.04% to 3.3547 against the Singapore dollar.

US West Texas Intermediate crude 24 cents to US$61.49 a barrel and Brent declined 21 cents to US$64.67 per barrel.

Elsewhere in the region, Japan’s Nikkei 225 rose 0.84%, Hong Kong’s Hang Seng Index climbed 0.23%, South Korea’s Kospi added 0.88%, China’s CSI 300 Index advanced 0.06% and Singapore’s Straits Times Index rose 2.14%.

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FBM KLCI , KLCI , Bursa Malaysia

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