KUALA LUMPUR: Malaysia's benchmark stock index continued to ride the positive momentum higher as foreign funds returned amid expectations of a dovish US central bank response to recent economic data.
As trading paused for the end of the early session, the FBM KLCI had tacked on 11.97 points or 0.75% to 1,609.36 on gains in all 30 constituent stocks.
Bank stocks were seen soaring, with Hong Leong Bank adding 48 sen to RM19.82, CIMB jumping 12 sen to RM6.87, RHB adding one sen to RM5.49, Public Bank gaining two sen to RM4.22 and Maybank rising two sen to RM9.85.
Press Metal
rose 15 sen to RM5.48 while PETRONAS Dagangan added 16 sen to RM21.82 and IOI gained six sen to RM4.09.
...