FBM KLCI surges to over three-year high amid banking stocks boost

TheStar Mon, Jul 15, 2024 05:17pm - 1 month View Original


KUALA LUMPUR: The FBM KLCI started the week on a firm footing, aided by gains in banking stocks.

The market bellwether finished higher on Monday, adding 10.76 points, or 0.66% to 1,629.82. The gain is the biggest since rising 1.09% on July 3.

Gainers outnumbered losers by 738 to 491, while 480 counters traded unchanged. Trading volume was brisk at 5.4 billion shares valued at RM3.95bil.

Dealers said weak data from China did not affect the sentiment on the local bourse.

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