FBM KLCI hits fresh two-year high as rally continues

TheStar Wed, Apr 24, 2024 12:58pm - 1 week View Original


KUALA LUMPUR: A boost in global market sentiment has helped bolster the FBM KLCI to its highest level in two years.

Entering the lunch break, Malaysia's key stock index was up 6.95 points to 1,568.59, its highest since May 31, 2022, while the overall market rally was underpinned by 617 stock gainers compared to 303 decliners and 460 unchanged.

Share turnover in the early session was 2.57 billion units valued at RM1.27bil.

All sectors on Bursa Malaysia were up, led by a jump in plantations. Sector heavyweights included Kuala Lumpur Kepong rising 16 sen to RM22.92, IOI adding three sen to RM4.04 and Sime Darby Plantation gaining four sen to RM4.44.

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