KUALA LUMPUR: The FBM KLCI closed at a more than two-months high on Friday, Oct 28, led by fund buying of index-linked stocks, as investors were upbeat on the euro zone leaders deal on Greece's debt issue
The KLCI closed up 10.89 points or 0.74% to 1,481.82, the highest since Aug 23, though it was off its day's best. Volume traded was at 1.88 billion shares valued at RM2.295 billion. Gainers led losers 470 to 338 while 319 counters traded unchanged.
The upbeat mood was evident in key regional markets. Hong Kong's Hang Seng was up 1.68% to 20,019.24, Shanghai's Composite Index 1.55% to 2,473.41, Japan's Nikkei 225 1.39% to 9,050.47, Singapore's Straits Index 2.04% to 2,905.72 and South Korea's Kospi 0.39% to 1,929.48.
At Bursa Malaysia, key stocks which pushed the KLCI were Nestle, British American Tabacco, MALAYSIA AIRPORT HOLDINGS BHD [], KLK and F&N.
Nestle rose 94 sen to RM50.40, BAT 92 sen to RM46.22, MAHB 44 sen to RM21.00 and F&N 38 sen to RM16.78.
CIMB gained 18 sen to RM7.46, pushing the index up 3.10 points, Genting gained 30 sen to RM10.60 adding 2.67 points to the index, while Maybank gained six sen to RM8.35 and PetChem 10 sen to RM6.41 to add 2.03 points to the index.
The KLCI closed up 10.89 points or 0.74% to 1,481.82, the highest since Aug 23, though it was off its day's best. Volume traded was at 1.88 billion shares valued at RM2.295 billion. Gainers led losers 470 to 338 while 319 counters traded unchanged.
The upbeat mood was evident in key regional markets. Hong Kong's Hang Seng was up 1.68% to 20,019.24, Shanghai's Composite Index 1.55% to 2,473.41, Japan's Nikkei 225 1.39% to 9,050.47, Singapore's Straits Index 2.04% to 2,905.72 and South Korea's Kospi 0.39% to 1,929.48.
At Bursa Malaysia, key stocks which pushed the KLCI were Nestle, British American Tabacco, MALAYSIA AIRPORT HOLDINGS BHD [], KLK and F&N.
Nestle rose 94 sen to RM50.40, BAT 92 sen to RM46.22, MAHB 44 sen to RM21.00 and F&N 38 sen to RM16.78.
CIMB gained 18 sen to RM7.46, pushing the index up 3.10 points, Genting gained 30 sen to RM10.60 adding 2.67 points to the index, while Maybank gained six sen to RM8.35 and PetChem 10 sen to RM6.41 to add 2.03 points to the index.
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