Malaysia’s blue chips extended their gains for the second day, with the FBM KLCI outperforming the key Asian markets, as Tenaga Nasional rallied on the latest development following 1Malaysia Development Bhd’s (1MDB) sale of its power assets to China Nuclear Power Corp for RM9.83bil.
At 12.30pm, the KLCI is up 8.69 points or 0.52% to 1,679,59. Turnover was 1.52 billion shares valued at RM1.05bil. The broader market weakened with decliners beating advancers 502 to 314 while 502 counters were unchanged.
The ringgit climbed against the major currencies, advancing to 4.2622 against the US dollar from the previous close of 4.3022. It was at 6.4491 to the pound sterling from the previous 6.5183 and it climbed to 3.0135 against the Singapore dollar from 3.0317.
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At 12.30pm, the KLCI is up 8.69 points or 0.52% to 1,679,59. Turnover was 1.52 billion shares valued at RM1.05bil. The broader market weakened with decliners beating advancers 502 to 314 while 502 counters were unchanged.
The ringgit climbed against the major currencies, advancing to 4.2622 against the US dollar from the previous close of 4.3022. It was at 6.4491 to the pound sterling from the previous 6.5183 and it climbed to 3.0135 against the Singapore dollar from 3.0317.
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