At 5pm, the FBM KLCI was up 39.48 points or 3.13% to 1,299.36. Turnover was 3.17 billion shares valued at RM2.18bil. Advancers beat decliners or nearly five to one with 756 gainers, 155 losers and 246 counters unchanged.
Around the region, MSCI's Asia ex-Japan stock index was firmer by 5.08%, while Japan's Nikkei index closed up 7.13%. At Bursa, the regulators decision to halt short-selling activities helped steady the market which was already battered by the Covid-19 and oil price collapse.Public Bank jumped RM1.34 to RM15.24 and pushed the KLCI up a hefty 8.22 points, Maybank added 18 sen to RM9.80 and nudged the KLCI 3.19 points. Hong Leong Bank rose jumped RM1.50 to RM14.20 while CIMB gained 15 sen to RM3.44.As for telcos, Maxis added two sen to RM5.17, Axiata gained 15 sen to RM3.27 while Digi shed 10 sen to RM4.
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