KUALA LUMPUR: The FBM KLCI rose for a fifth straight session on Christmas Eve to a fresh 16-month high, lifted by year-end window dressing and Santa Claus rally optimism as the ringgit strengthened.
The market barometer settled 1.67 points, or 0.1% higher, at 1,678.31 after moving between an intraday high of 1,678.85 and a low of 1,673.64, marking a fresh 16-month high. The index was last at a similar level of 1,678.80 on Aug 25, 2024.
