PetDag, HL Bank, KLK lead KLCI higher in early trade

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At 9.39am, the FBM KLCI was up 1.41 points or 0.09% to 1,588.86.

Turnover was 1.23 billion shares valued at RM691.52mil. There were 313 gainers, 388 losers and 381 counters unchanged.

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.35%, while US stock futures rose 0.24%. Meanwhile, the local stock market has continued to see an outflow by foreign funds. According to MIDF Research, foreign investors disposed of RM336.37mil net of equities last week as compared to RM376.46mil in the previous week. Year-to-date, foreign investors have been net sellers of RM3.21bil of Malaysian equities.was the top gainer, up 30 sen to 84.5 sen after its major shareholders proposed to take it private at 90 sen a share.

 

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