FBM KLCI bounced larger on financial institution, oil counters

KUALA LUMPUR: The FBM KLCI ended the morning session larger after bouncing again from gentle losses earlier within the day.

At 12.30pm, the benchmark index was up 4.13 factors to 1,587.35 on the again of monetary heavyweights as traders appeared ahead to the reopning of the nation’s borders on April 1.

Maybank jumped six sen to RM8.94, CIMB rose 4 sen to RM5.37, and Hong Leong Financial institution gained 4 sen to RM20.20.

Petronas Gasoline in the meantime climbed 18 sen to RM16.72 whereas Petronas Chemical compounds rose 4 sen to RM9.60.

High gainers on the broader market included Yinson up 27 sen to RM4.81, MPI including 18 sen to RM16.72 and BoxPak rising 15 sen ot RM1.35.

Most lively counters had been Metronic up one sen to 2.5 sen, CapitaLand including 1.5 sen to 73.5 sen and SMTrack gaining 0.5 sen to eight sen.

In the meantime, most main Asian markets had been weighed down by the decline on Wall Road in a single day.

Japan’s Nikkei fell 0.2%, South Korea’s Kospi rose 0.4% and China’s composite index slid 0.1%.

Hong Kong’s Grasp Seng dropped 0.8% whereas Australia’s ASX200 rose 0.1%.


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