KUALA LUMPUR: The FBM KLCI rose 1.2% at the moment, its highest in over three months, because the optimistic market sentiment continued to maintain amid the spike in Covid-19 instances.
At the closing bell, the benchmark index surged 18.59 points or 1.2% to shut at 1,570.10, its intraday high and likewise the very best since late October 2021.
Market breadth was optimistic, as 567 advancers outnumbered 399 losers. Meanwhile, 425 counters have been unchanged.
The native bourse noticed a complete of three.19 billion shares price RM2.62bil traded.
Dealers mentioned buyers’ threat urge for food picked up as they seemed previous the Covid-19 infections instances.
Malaysia reported 19,090 new Covid-19 infections on Feb 10, bringing the cumulative quantity within the nation to 2.97 million instances for the reason that pandemic started.
On Bursa Malaysia, Sam Engineering jumped 98 sen to RM24.48, Batu Kawan rose 76 sen to RM24.18, PMB Technology gained 74 sen to RM18.60 and Kuala Lumpur Kepong superior 68 sen to RM22.74.
Complete Logistic misplaced 21 sen to RM4.04, F&N shed 20 sen to RM23.94 and OM Holdings fell 19 sen to RM2.91.
Hartalega
fell 11 sen to RM5.05, MR DIY misplaced three sen to RM3.63 and Tenaga eased two sen to RM9.24.
Maybank, Public Bank and Genting rose 5 sen every to RM8.55, RM4.35 and RM4.65 respectively.
Meanwhile, the ringgit was flat in opposition to the US greenback at 4.1838.
US gentle crude oil rose 24 cents to US$89.90 and Brent added 13 cents to US$91.68 per barrel.
