Steady buying pushes FBM KLCI to close at 1,602.99

Quick Summary:

Bursa Malaysia maintained its positive momentum to finish higher yesterday and above the key psychological level of 1,600, supported by persistent buying in utilities and industrial blue chips, says an analyst.

Meanwhile, Tenaga Nasional Bhd and YTL Power International Bhd both put on eight sen to RM14.08 and RM4.19 respectively and IHH Healthcare Bhd added five sen to RM7.08.

At 5pm, the benchmark FBM KLCI rose 6.79 points or 0.43% to 1,602.99 compared with Monday’s close of 1,596.20.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Markets /Business/Business News FBMKLCI WindowDressing IndustrialBlueChips YearEndRally UtilitiesStocks BursaMalaysia

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-25 @ 00:00:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 412 words

Reading Time: 3 minutes read

Sentences: 13 lines

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Copyright Owner: © The Star

News ID: 24648713

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