Tuesday, 17 May 2016

Petronas stocks, Sime, Public Bank underpin KLCI rebound

Local fund buying of Petronas-linked stocks, Sime Darby and Public Bank underpinned the FBM KLCI's rebound at midday on Tuesday as the index climbed nearly 11 points.

At 12.30pm, the KLCI was up 10.76 points or 0.66% to 1,631.97. Turnover was 924.95 million shares valued at RM728.01mil. There were 349 gainers, 315 losers and 348 counters unchanged.

Petronas Gas rose 52 sen to RM21.44, Petronas Dagangan added 30 sen to RM23.02 and Petronas Chemicals 19 sen to RM6.41.

Plantation-property Sime Darby added 16 sen to RM7.42 while Public Bank was the top gainer, up 12 sen to RM19.12.

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