Bursa Malaysia’s KLCI bucks regional trend, banking stocks, Top Glove lift | Malay Mail

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KUALA LUMPUR, Dec 10 — Bursa Malaysia bucked the regional trend with the key index ending firmer for the fourth consecutive day, thanks to buying support in banking heavyweights and Top Glove. At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 7.86 points to finish at 1,654.39 after...

Thursday, 10 Dec 2020 06:42 PM MYT

At 5pm, the benchmark FTSE Bursa Malaysia KLCI rose 7.86 points to finish at 1,654.39 after moving in the positive territory at between 1,647.65 and 1,658.07 throughout the day. Total volume dwindled to 8.1 billion shares worth RM4.83 billion from 11.88 billion shares worth RM6.68 billion on Wednesday.

Among the heavyweights, Public Bank rose 34 sen to RM20.20, Top Glove gained 15 sen to RM6.99, while Maybank was flat at RM8.38. On the index board, the FBM Emas Index chalked up 48.29 points to 11,922.87, the FBMT 100 Index advanced 51.19 points to 11,682.91, the FBM ACE rose 99.77 points to 11,039.91 and the FBM 70 put on 50.36 points to 15,337.83.Meanwhile, the Industrial Products and Services Index added 0.17 of-a-point to 176.38, the Financial Services Index surged 261.13 points to 15,319.04, but the Plantation Index slipped 6.01 points for 7,355.01.

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