PETALING JAYA: Continued interest from foreign investors kept the local market buoyant, pushing the FBM KLCI past 1,600 points as optimism remains amid the easing of movement restrictions and the ongoing strength of commodity prices.
The FBM KLCI opened at 1,602.89 points yesterday, up from the previous trading close of 1,598.28 on Friday.
The index hit a high of 1,609.62 points in intra-day trading and settled 7.69 points higher, or 0.48%, at 1,605.97.
Foreign funds remained net buyers in local stocks last week, with net inflow amounting to RM925mil, according to MIDF Research.
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