FBM KLCI gains momentum to close at 1,618 points

Quick Summary:

Bursa Malaysia continued its upward momentum to end higher for the second consecutive day yesterday as gains were largely supported by buying interest in selected banking, utilities, and plantation heavyweights.

Bursa Malaysia heavyweights Malayan Banking Bhd dropped four sen to RM10.02 and Tenaga Nasional Bhd fell two sen to RM14.40.

At 5pm, the FBM KLCI rose 3.96 points to 1,618.38 from Tuesday’s close of 1,614.42.The key index opened 0.71 of-a-point easier at 1,613.71 and moved between 1,613.65 and 1,620.83 throughout the day.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaHong KongJapanSouth KoreaSingapore

Topics: /Business/Business News Markets FBMKLCI BankingStocks PlantationStocks MarketGains BursaMalaysia Utilities

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-11 @ 00:00:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 541 words

Reading Time: 4 minutes read

Sentences: 15 lines

Sentence Length: 37 words per sentence (average)

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Copyright Owner: © The Star

News ID: 21568357

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