KUALA LUMPUR: Fund support for banks and MISC underpinned the FBM KLCI's breakout from the key 1,700 at midday on Friday, as investor sentiment perked up in line with the robust key Asian markets.At 12.30pm, the FBM KLCI was up 11.78 points or % to 1,700.28. However, the ringgit weakened against the stronger US dollar by 0.14% to 4.4458 from 4.4395 and slipped against the pound sterling tp 5.5603 from 5.5724. It firmed up against the Singapore dollar to 3.1285 from 3.1361 and climbed against the Euro to 4.7395 from 4.7499. At Bursa, Public Bank rose 20 sen to RM20.18 and pushed the KLCI up 1.28 points. Maybank added 13 sen to RM8.33 and powered the KLCI up 2.18 points.

Source: The Star February 10, 2017 05:03 UTC