FBM KLCI managed to break through the psychologically important 1,300 level
KUALA LUMPUR: The 30-stock FBM KLCI managed to break through the psychologically important 1,300 level in late afternoon trade on Friday, March 5, powered by gains in Maybank, Genting and BAT.
It rose to 1,300.7 4 at about 4pm but eased slightly below the key level again.
At 4.03pm, it was up 15.47 points to 1,299.56. Turnover was 716 million shares valued at RM1.16 billion. The market sentiment was positive with 481 gainers and 198 losers while 256 stocks were unchanged.
BAT was the top gainer, rising 92 sen to RM43.42 and the world’s largest glove maker, Top Glove added 38 sen to RM11.90.
However, Maybank was under the spotlight, advancing 38 sen to RM7.39 with 24.88 million shares done while Maybank-CJ call warrants added 21 sen to RM1.31.
UMCCA and Genting added 27 sen each to RM7.79 and RM6.52 while DiGi rose 24 sen to RM22.40.