KUALA LUMPUR: The FBM KLCI staged a late turnaround yesterday to close slightly higher, lifted by last-minute buying in CelcomDigi Bhd
, which offset earlier losses from ex-dividend adjustments in Maxis Bhd and MISC Bhd, as well as profit-taking in Tenaga Nasional Bhd and CIMB Group Holdings Bhd.
At 5pm, the premier index gained 1.22 points to 1,586.81 from Monday’s close of 1,585.59. The index opened 1.39 points firmer at 1,586.98 and moved between 1,581.89 and 1,587.53 throughout yesterday’s trading session.
In the broader market, gainers beat decliners 506 to 447, while 536 counters were unchanged, with 1,104 untraded and eight suspended.
Turnover jumped to 3.01 billion units worth RM2.61 billion from 2.15 billion units worth RM1.94 billion.
Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said the key index staged a late recovery to close with small gains, overcoming earlier declines caused by ex-dividend adjustments in Maxis and MISC.
