Foreign fund buying of key stocks including Public Bank, Axiata and Ambank underpinned the FBM KLCI’s gains on Tuesday amid a firmer broader market despite some selling pressure on oil and gas heavyweight SapuraKencana.
At 5pm, the FBM KLCI was up 4.99 points or 0.29% to 1,721.10. Turnover was 1.48 billion shares valued at RM1.687bil. There were 477 gainers, 287 losers and 326 stocks unchanged.
Foreign funds were net buyers at RM27.24mil but local funds and retail investors were net sellers at RM21.4mil and RM5.84mil on Tuesday.
The ringgit weakened to 3.8073 to the US dollar from 3.8030 the previous day, in line with most regional currencies.
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At 5pm, the FBM KLCI was up 4.99 points or 0.29% to 1,721.10. Turnover was 1.48 billion shares valued at RM1.687bil. There were 477 gainers, 287 losers and 326 stocks unchanged.
Foreign funds were net buyers at RM27.24mil but local funds and retail investors were net sellers at RM21.4mil and RM5.84mil on Tuesday.
The ringgit weakened to 3.8073 to the US dollar from 3.8030 the previous day, in line with most regional currencies.
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