KUALA LUMPUR: Semiconductor and tech stocks led the broader market higher while Public Bank nudged the FBM KLCI higher in early Thursday trade as investors sentiment was shored by the record high of global stocks.
At 9.20am, the KLCI was up 8.85 points or 0.55% to 1,610.39. Turnover was 736.30 million shares valued at RM413.99mil. There were 406 gainers, 229 losers and 330 counters unchanged.
Bloomberg reported global stocks climbed to fresh all-time highs on optimism that fiscal spending will revive growth and bolster corporate earnings. The dollar weakened.
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