FBM KLCI closes higher on utility stock gains

Quick Summary:

Bursa Malaysia finished slightly higher yesterday as gains in utility stocks helped offset selling pressure in the plantation sector.

Heavyweights YTL Power International Bhd garnered 22 sen to RM3.42, YTL Corp Bhd was 14 sen higher at RM2.09 and RHB Bank Bhd added 11 sen to RM6.78.

Hence, he expected the FBM KLCI to trend range bound between 1,585 and 1,615 for the remainder of the week.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: MalaysiaChina

Topics: Markets EquityTrading MarketOutlook BursaMalaysia EconomicData /Business/Business News FBMKLCI UtilityGains InflationWatch

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-28 @ 00:00:00 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 532 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 23909148

View Article Analysis

About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 40 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

Frequently Asked Questions