KUALA LUMPUR: The FBM KLCI closed up 1.17% on Friday and crossed the 1500-point psychological level as index-linked stocks held firm.
At 5pm, the benchmark index rose 17.37 points to 1,502.01, its highest in over two weeks. For the week, the index added 13.13 points.
There were 425 gainers, 434 losers and 427 counters traded unchanged on the Bursa Malaysia. Turnover stood at 2.81 billion shares valued at RM2.73bil.
Dealers said window dressing activities helped the FBM KLCI to close above the 1,500 mark. They expect buying momentum to persist on the local front.
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