Stronger close for KLCI but trading volume shrinks - Business News - News Summed Up

Stronger close for KLCI but trading volume shrinks - Business News


KUALA LUMPUR: Blue chips closed at their highest on Tuesday as funds picked up Hong Leong Bank and CIMB but overall trading volume declined sharply from the previous day.At 5pm, the FBM KLCI was up 8.1 points or 0.47% to 1,736.84. Turnover was 1.53 billion shares valued at RM1.61bil. However, China's CSI 300 lost 0.81% and Shanghai Composite Index 0.85% lower.Hong Leong Bank was the top gainer and its 44-sen gain to RM20.94 added 1.71 points to the KLCI. CIMB added 10 sen to RM6.03 and nudged the KLCI up 1.68 points while RHB Bank rose three sen to RM5.33. lost RM1 to RM63.30, Ajinomoto 48 sen to RM20.38, F&N 20 sen to RM36.02 and Nestle 20 sen to RM144.80.The ringgit rose against the greenback and Singapore dollar.


Source: The Star October 16, 2018 09:40 UTC



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