KUALA LUMPUR: Fund buying of Public Bank, Petronas Gas and Axiata pushed the FBM KLCI to the highest close in more than three weeks while a turnaround in Telekom Malaysia saw the shares soaring in very active trade.At 5pm, the KLCI was up 12.83 points or 0.79% to 1,636,50 which was the highest since May 8. The KLCI is still down 3.2% year-to-date while Jakarta's Composite fell 1.46% and South Korea 0.11%.Turnover was moderate with 2.47 billion shares done valued at RM2.67bil. Petronas Gas rose 74 sen to RM17.56 added 2.56 points to the KLCI. Petronas Dagangan was 52 sen higher at RM25.32 but Petronas Chemical lost 10 sen to RM8.24. rose to a high of RM3.05 before ending the day at RM2.85, up 22 sen.

Source: The Star May 30, 2019 09:56 UTC