FBM KLCI hits 16-month peak, ringgit at five-year high


KUALA LUMPUR: The FBM KLCI closed at its intraday high in late trade to hit a 16-month peak, while the ringgit hovered near a five-year high, providing additional support to overall market sentiment.

The 30-stock index rose 5.35 points, or 0.32% to 1,676.64, its intraday high and also its highest in about 16 months. The 16-month high was last seen at 1,678.80 on Aug 25, 2024.

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