Wednesday 9 September 2015

MISC, banks and DiGi power KLCI but unable to stay above 1600

Local fund buying of key stocks including MISC, banks and DiGi saw the FBM KLCI flirting with the key 1,600 as investor sentiment perked up in line with the strong showing of key Asian markets especially Japan.

At 12.30pm, the KLCI rose 11.99 points or 0.76% to 1,599.11. Turnover was 1.30 billion shares valued at RM962.62bil. There were 493 gainers, 236 losers and 260 counters unchanged.

The ringgit firmed up to 4.3200 against the US$ from 4.3393 on Tuesday and strengthened to 6.6480 against the pound sterling from 6.6712 but weakened to 3.0558 to the Singapore dollar from 3.0505.

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