KUALA LUMPUR: The FBM KLCI has maintained its uptrend for the third straight day on steady shopping for momentum, supported by the optimistic market sentiment.
At 5pm, the native benchmark index closed 8.79 factors, or 0.56% increased at 1,578.89 factors. For the week, the FBM KLCI added 56.13 factors.
There had been 509 gainers, 446 losers and 408 counters traded unchanged on the Bursa Malaysia. Turnover stood at 3.19 billion shares valued at RM2.41bil.
The broadly upbeat temper comes following the launch of fourth quarter 2021 gross home product (GDP) knowledge.
Malaysia’s GDP rose 3.1% in 2021, after logging 3.6% year-on-year development in the fourth quarter.
Bank Negara stated in an announcement that the financial restoration was aided by a restoration in the labour market in addition to continued coverage assist.
In phrases of fund flows, native establishments and retailers had been web sellers on Thursday offloading equities value RM164mil and RM65mil respectively.
Foreigners emerged as web consumers with complete purchases valued at RM228mil.
Plantations shares dominated the gainers’ checklist on Bursa Malaysia. The Bursa Malaysia Plantation Index rose 4.73% to 7,214.42.
Kuala Lumpur Kepong is the largest gainer, leaping RM1.40 to RM24.14. Batu Kawan added 70 sen to RM24.88, Genting Plantations rose 43 sen to RM7.29 and Sime Darby Plantation
superior 31 sen to RM4.23.
Sam Engineering shed 98 sen to RM23.50, MPI fell 58 sen to RM39 and British American Tobacco misplaced 36 sen to RM12.50.
Top Glove declined three sen to RM2.16 and Hartalega eased one sen to RM5.04.
Among the banks, Maybank climbed two sen to RM8.57, Public Bank closed unchanged at RM4.35, CIMB added one sen to RM5.55 and RHB Bank rose six sen to RM5.81.
