FBM KLCI rebounds 0.39% after two days of decline

TheStar Fri, Jun 24, 2022 05:21pm - 1 year View Original


KUALA LUMPUR: Bursa Malaysia closed broadly higher on Friday with positive market breadth after two straight days of decline.

At its close, the FBM KLCI was up 5.65 points or 0.39% at 1,436.70. On a Friday-to-Friday basis, the index lost 20.04 points.

Market breadth turned positive as gainers overpowered the losers on a ratio of 519-to-345 stocks. Traded volumes stood at 2.47 billion shares worth RM1.48bil.

The gainers among the KLCI constituents were led by Hong Leong Financial Group, which rose 16 sen to RM18.38, Press Metal, which added 14 sen to RM4.77, Telekom Malaysia gained 10 sen to RM5.15 and Petronas Chemicals climbed 10 sen to RM9.25.

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