KUALA LUMPUR: Some fund buying of selected blue chips including Tenaga Nasional Bhd and Sime Darby Plantation on Thursday enable the FBM KLCI to buck the regional trend.At 5pm, the benchmark FBM KLCI closed 7.72 points higher at 1,675.83. The index opened 7.05 points higher at 1,675.16. The market traded within a range of 14.56 points between an intra-day high of 1680.78 and a low of 1666.22 during the session.In the broader market, there were 366 gainers against 367 losers while 378 counters unchanged. About 1.75 billion shares, valued at RM122bil, changed hands.Apple Inc made a rare cut to its quarterly sales forecast on Wednesday, and, for the first time since the iPhone was launched in 2007, issued a warning on its revenue guidance ahead of releasing quarterly results. The Kospi closed down 16.30 points, or 0.81% at 1,993.70, hitting the lowest trading level since Oct.Dealers said the performance of our local bourse was lifted by buying interest in heavy counters such as Tenaga, Sime Darby Plantation and Hong Leong Financial Group (HLFG).On Bursa Malaysia, Nestle topped the gainers’ list, adding 80 sen to RM147.50.

Source: The Star January 03, 2019 09:51 UTC