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Markets

Banking stocks lift FBM KLCI to intraday high, ringgit extends gains

By Leong Hung Yee

KUALA LUMPUR: The FBM KLCI rallied to an intraday high on Tuesday, extending gains for a fifth straight session as banking stocks surged and the ringgit continued to strengthen.

The 30-stock index surged 27.18 points, or 1.56%, to an intraday high of 1,771.25, its highest level since Oct 8, 2018, when it reached 1,775.75.

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FBM KLCI , KLCI , Bursa Malaysia , Ringgit

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