KUALA LUMPUR: Petronas Dagangan and glove makers helped push the FBM KLCI above the key 1,500 level early Tuesday, which was the last trading day of the second quarter, as investor sentiment was emboldened by the firmer Wall Street closing.
At 9.10am, the KLCI was up 6.29 points or 0.42% to 1,500.72. Turnover was 502.08 million shares valued at RM301.17mil. There were 387 gainers, 103 losers and 236 counters unchanged.
Asian stocks opened higher, set to round out their best quarter since 2009 in a rebound from a devastating start to the year, as optimism about a recovery overshadows concerns over an increase in US Covid-19 coronavirus cases, according to Bloomberg.
Benchmarks rose more than 1% in Japan, Australia and South Korea.
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