At 5pm, the FTSE Bursa Malaysia KLCI rose 4.17 points or 0.25 per cent to the day’s high of 1,656.58 compared with 1,652.41 July 24, 2019. — Picture by Azneal Ishak
The index opened 1.33 points higher at 1,653.74 and moved between 1,650.32 and 1,656.58 during the day. Head of research at Inter-Pacific Securities, Pong Teng Siew, said CPO prices have improved after trading on a downtrend. Pong, however, said on the broader market, the local bourse and regional equity markets were still trading on a cautious mode as investors awaited the outcome of the European Central Bank’s monetary policy meeting today.
The FBM Emas Index rose 6.78 points to 11,763.32, the FBMT 100 Index advanced 9.52 points to 11,585.90 and the FBM Emas Shariah Index gained 4.78 points to 12,138.04.Sector-wise, the Financial Services Index edged up 11.82 points to 16,431.69, the Industrial Products and Services Index added 1.82 points to 156.21 and the Plantation Index was 41.69 points higher at 6,846.60.
Source: News Formal (newsformal.com)
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