KUALA LUMPUR: The FBM KLCI snapped its losing streak to shut increased on Friday amid broad-based shopping for forward of the prolonged weekend break.
At 5pm, the benchmark index ended 7.1 factors, or 0.5% increased at 1,425.79. On a weekly foundation, the index misplaced 1.65%, or 23.95 factors.
There had been 445 gainers, 343 losers and 425 counters traded unchanged on the Bursa Malaysia. Turnover stood at 1.62 billion shares valued at RM1.66bil.
Dealers mentioned the KLCI rebounded on bargain-hunting actions and overseas shopping for help.
Meanwhile, the ringgit was quoted at 4.4260, up 0.04% in opposition to the US greenback.
US mild crude oil fell 18 cents to US$102.55 whereas Brent added 12 cents to US$104.77 per barrel.
Elsewhere within the area, Japan’s Nikkei Stock Average closed up 0.1%, Hong Kong’s Hang Seng Index rose 0.38%, South Korea’s Kospi added 0.7%, China’s CSI300 fell 0.33% and Singapore’s Straits Times Index added 0.06%.