Malaysia’s stock market rallied on Monday, with the FBM KLCI surging more than 36 points, as investors reacted positively to the government’s economic measures.
At 5pm, the KLCI was up 36.03 points or 2.25% to 1,639.63. Turnover was 2.19 billion shares valued at RM2.23bil. Market sentiment was firm with gainers beating decliners 470 to 342 while 303 counters were unchanged.
Datuk Seri Najib Tun Razak had on Monday unveiled several broad measures to strengthen the economy, which includes boosting the government investment arm ValueCap.
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At 5pm, the KLCI was up 36.03 points or 2.25% to 1,639.63. Turnover was 2.19 billion shares valued at RM2.23bil. Market sentiment was firm with gainers beating decliners 470 to 342 while 303 counters were unchanged.
Datuk Seri Najib Tun Razak had on Monday unveiled several broad measures to strengthen the economy, which includes boosting the government investment arm ValueCap.
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