FBM KLCI snaps four-day losing streak, closes at intraday high


KUALA LUMPUR: Bursa Malaysia’s barometer index closed at an intraday high and snapped a four-day losing streak on Monday, as bargain hunting emerged following recent weakness, with half of the key index components advancing.

At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) gained 11.27 points to close 0.66 per cent higher at 1,698.01 points from Friday’s close of 1,686.74.

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