Steady buying pushes FBM KLCI to close at 1,602.99

TheStar Wed, Dec 25, 2024 12:00am - 1 year View Original


UOB Kay Hian Wealth Advisors’ Mohd Sedek said the FBM KLCI’s gains were predominantly led by utilities and industrial stocks.

KUALA LUMPUR: Bursa Malaysia maintained its positive momentum to finish higher yesterday and above the key psychological level of 1,600, supported by persistent buying in utilities and industrial blue chips, says an analyst.

At 5pm, the benchmark FBM KLCI rose 6.79 points or 0.43% to 1,602.99 compared with Monday’s close of 1,596.20.

The market bellwether opened 0.44 of-a-point firmer at 1,596.64, its intraday low, and steadily moved to its intraday high of 1,603.89 in the late afternoon session.

...

Full Article on TheStar

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

BURSA 8.830
CIMB 7.970
FBMKLCI 1718.060
IHH 8.900
JCY 0.315
LWSABAH 1.340
MAYBANK 11.760
PBBANK 4.870
SCABLE 0.010
TENAGA 14.200
VANZO 0.135
WINSTAR 0.515
YTLPOWR 2.730

Comments

Login to comment.