KUALA LUMPUR: The FBM KLCI marched higher on Wednesday to close above the 1,600 psychological level amid persistent buying interest from foreign funds into heavyweights.
At 5pm, the benchmark index closed 16.47 points, or 1.04% to 1,600.38, its highest since Aug 30.
There were 577 gainers, 460 losers and 413 counters traded unchanged on the Bursa Malaysia. Turnover stood at 4.48 billion shares valued at RM3.33bil.
Dealers expect the positive market sentiment would continue to push the key index higher over the near term as investors focus on the reopening economy.
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