Bursa Malaysia ends higher amid regional gains
KUALA LUMPUR: Bursa Malaysia ended higher on Monday, supported by gains in blue chips and positive regional market sentiment.
The FBM KLCI gained 0.17% or 2.62 points to 1,519.41, with gainers outnumbering losers 535 to 400 on trade of 2.6 billion shares worth RM1.84bil on the broader market.
Daily gainers for FBM KLCI constituents at 15 counters outweigh the losers at 12 counters, while three remain unchanged.
The top gainer on Bursa Malaysia was Dutch Lady , which jumped 74 sen to RM29.70. Malaysian Pacific Industries rose 70 sen to RM20.90, Ayer added 36 sen to RM7.60 and Pentamaster rose 20 sen to RM2.80.
Meanwhile, the top decliner was Nestle, which lost RM1.38 to RM75.74. PETRONAS Dagangan eased 36 sen to RM20.64, LPI Capital fell 30 sen to RM14.60 and Batu Kawan lost 20 sen to RM19.
ACE Market debutant Hartanah Kenyalang closed 1.5 sen lower, or 9.38% down, at 14.5 sen. It was among the most actively traded counters on Bursa Malaysia, with 37.44 million shares changing hands.
On the forex market, the ringgit slipped 0.04% against the US dollar to 4.2332.
The local currency also weakened 0.35% against the pound sterling to 5.7466, and 0.17% against the Singapore dollar to 3.2952.
Regional markets ended broadly higher, with Japan's Nikkei 225 up 0.92%, South Korea's Kospi gaining 1.55%, Hong Kong's Hang Seng rising 1.63%, and China's CSI 300 advancing 0.29%.
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