FBM KLCI rises on final day of dismal 2Q

TheStar Thu, Jun 30, 2022 12:41pm - 1 year View Original


KUALA LUMPUR: The FBM KLCI was higher at midday despite a regional slump in prices as markets headed for a disappointing end to a second quarter.

At 12.30pm, the key index was up 7.81 points higher at 1,459.29. There were 375 decliners compared to 303 gainers for a negative market breadth.

Trading volume was 1.11 billion shares valued at RM751.64mil.

On the final trading day of the first half of 2022, Asian markets were shaken by further affirmation from the US Federal Reserve that it will remain hawkish on interest rates until inflation levels normalise.

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