FBM KLCI climbs above key 1,600-level

KUALA LUMPUR: Observe-through shopping for curiosity in chosen heavyweights pushed the FBM KLCI to interrupt by way of the essential 1,600 degree on Friday.

At 5pm, the benchmark index was up 4.33 factors or 0.27% to 1,603.30, its highest three weeks. For the week, the FBM KLCI gained 12.04 factors.

Turnover was 2.78 million shares valued at RM2.21bil. There have been 592 gainers, 378 losers and 429 counters unchanged.

Malaysian Pacific Industries Bhd (MPI) was the highest gainer, leaping RM1.32 to RM38.90, adopted by Nestle, which added 60 sen to RM136.60, Field-Pakwhich rose 26 sen to RM1.40 and Sime Darby added 20 sen to RM2.54.

The decliners have been led by Hong Seng’s warrants, Heineken, KESM and Superior Packaging,

Among the many banks, Maybank fell eight sen to RM8.90, Hong Leong Financial institution misplaced six sen to RM20.34, RHB Financial institution eased one sen to RM5.99, Public Financial institution added one sen to RM4.66 and CIMB rose 10 sen to RM5 .37.

On the exterior entrance, MSCI’s Asia ex-Japan inventory index was decrease by 1%.

Japan’s Nikkei 225 superior 0.14% to twenty-eight,149.84 whereas South Korea’s Kospi closed up 0.012%, at 2,729.98.

Hong Kong’s Cling Seng ended 2.47% decrease at 21,404.88.

China’s CSI300 index fell 1.8% to 4,174.57 whereas the Shanghai Composite eased 1.17% to three,212.24.


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