Maybank, CIMB and Axiata underpinned the FBM KLCI’s gains at midday on Thursday, advancing more than 14 points, while plantations rose despite the retreat in crude palm oil (CPO) prices.
At 12.30pm, the FBM KLCI was up 14.29 points or 0.87% to 1,648.42. Turnover was 1.1 billion shares valued at RM1.08bil. There were 469 gainers, 295 losers and 313 stocks unchanged.
The US dollar strengthened against the major currencies after the US Federal Reserve raised the target federal funds rate by 0.25%.
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At 12.30pm, the FBM KLCI was up 14.29 points or 0.87% to 1,648.42. Turnover was 1.1 billion shares valued at RM1.08bil. There were 469 gainers, 295 losers and 313 stocks unchanged.
The US dollar strengthened against the major currencies after the US Federal Reserve raised the target federal funds rate by 0.25%.
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