“As for the local bourse, we expect bargain hunting to continue, spurred by the benchmark index’s comparatively lower valuations against its regional counterparts,” Rakuten's Thong said.
KUALA LUMPUR: The FBM KLCI recouped after a weak opening and finished in positive territory thanks to late buying on Dialog Group Bhd
, CelcomDigi Bhd and Nestle (M) Bhd stocks, says a dealer.
At 5pm, the FBM KLCI gained 0.4% or 6.67 points to 1,452.74, the intra-day high, from Wednesday’s close of 1,446.07.
The benchmark index opened 1.73 points weaker at 1,444.34 and moved between 1,440.62 and 1,452.74 throughout the trading session.
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