PERSISTENT buying momentum, mostly seen in selected technology and Petronas-linked counters pushed the FBM KLCI to record another intraday high at the close today, extending its rally to five consecutive trading sessions, an analyst said.
Malaysian Pacific and Petronas Dagangan were among the top two gainers, rising RM1 and 44 sen to RM22.40 and RM21.70 respectively.
At 5 pm, the FBM KLCI rose 8.68 points, or 0.56 per cent, to 1,550.21 from Tuesday’s close of 1,541.53.
The benchmark index opened 1.8 points lower at 1,539.73 and subsequently hit its lowest level of 1,539.18 in early trade.
The broader market was broadly positive with 531 gainers outpacing 442 decliners, while 498 counters were unchanged, 920 untraded and 14 suspended.
Turnover rose to 3.11 bil units worth RM2.38 bil against 2.05 bil units worth RM2.15 bil on Tuesday. —July 2, 2025
