KUALA LUMPUR: Continuous buying by funds and gains on heavyweights helped propel the benchmark FBM KLCI index to its highest in two years.
At closing, the benchmark index added 9.84 points, or 0.63% to 1,571.48, its highest since late April 2022. All indices on Bursa Malaysia closed in positive territory.
In today’s session, 20 of KLCI-component stocks ended higher, eight ended lower and two counters closed unchanged.
The broader market saw an optimistic market sentiment, with 777 gainers outnumbering 327 decliners. Trading activity amounted to 4.25 billion shares, valued at RM3.03bil.
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