KUALA LUMPUR: The FBM KLCI held on to gains from the previous session, rising 1.28 points to 1,780.38 points by midday. KLCI newcomer Nestle gained 70 sen to RM102.70.Telcos were also laggards with Digi falling one sen to RM4.83 and Maxis dropping two sen to RM5.97. Axiata, however, gained two sen to RM5.42.On the wider market, Hengyuan was on track to a happy new year, rising RM1.02 to RM18.98, while Petron Malaysia also rose 16 sen to RM14.76. WTI crude rose 43 cents to US$60.27 a barrel while Brent crude gained 42 cents to US$66.58 a barrel.The ringgit also continued to strengthen into the year-end. The local currency rose 0.24% against the greenback at 4.0570, 0.20% against the pound sterling at 5.4609 and 0.13% against the Singapore dollar at 3.0358.

Source: The Star December 29, 2017 05:09 UTC