KUALA LUMPUR: Tenaga Nasional underpinned the FBM KLCI’s early advance as the market started the March trading month on Monday on a mixed note as glove makers continued to come under selling pressure.
At 9.25am, the FBM KLCI was up 3.4 points or 0.22% to 1,581.15. Turnover was 1.37 billion shares valued at RM762.39. There were 407 gainers, 380 losers and 361 counters unchanged.
Reuters reported oil prices rose more than US$1 on Monday on optimism in the global economy thanks to progress in a huge US stimulus package and on hopes for improving oil demand as vaccines are rolled out.
Brent crude futures for May rose US$1.07, or 1.7%, to US$65.49 per barrel by 0042 GMT. The April contract expired on Friday.
...