Blue chips spur market rally

TheStar Tue, Feb 27, 2024 05:29pm - 4 months View Original


KUALA LUMPUR: Continuous buying by funds and gains on heavyweights helped propel the benchmark FBM KLCI index higher on Tuesday.

At closing, the FBM KLCI ended 11.20 points, or 0.72% to 1,558.80. The index hit an intraday high of 1,559.02.

In the broader market, there were 548 gainers, 570 losers while 410 counters were unchanged. Trading volume stood at 3.8 billion shares worth RM3.09bil.

Dealers said continued buying in selected heavyweights pushed the key index to finish higher today.

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