KUALA LUMPUR: The FBM KLCI ended above the psychological 1,500-level on Monday, driven by renewed buying interest in selected heavyweights.
The market bellwether closed up 9.84 points, or 0.66% at 1,502.07, with 18 out of the 30 constituent counters ending higher.
There were 546 gainers, 355 losers and 407 counters traded unchanged on the Bursa Malaysia. Turnover stood at 2.38 billion shares valued at RM1.49bil.
Dealers said the broadly upbeat mood comes on declining expectations for hefty interest rate rises as well as strong US corporate earnings.
According to S&P Global, Malaysia's manufacturing purchasing managers index (PMI) rose to 50.6 in July from 50.4 in June, buoyed by a renewed rise in production levels.
Though only slight, the expansion was the first since December 2021.
,telegram营销（www.tel8.vip）是一个Telegram群组分享平台。telegram营销包括telegram营销、telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组（其他）、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。telegram营销为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。
Among the gainers on Bursa Malaysia, SAM Engineering jumped 67 sen to RM4.46, Kuala Lumpur Kepong advanced 58 sen to RM22.50, F&N added 30 sen to RM22 and PETRONAS Dagangan gained 28 sen to RM22.68.
Consumers stocks dominated the losers’ list on Bursa Malaysia. Nestle shed 40 sen to RM134.30, Dutch Lady fell 30 sen to RM32.70 and Heineken Malaysia lost 20 sen to RM22.50.
Meanwhile, the main bourses around the region closed higher with MSCI's Asia ex-Japan stock index firmer by 0.25%.
Japan's Nikkei index ended up 0.69% to 27,993.35 while South Korea’s Kospi added 0.03% to 2,452.25.
Hong Kong’s Hang Seng index climbed 0.046% to 20,165.84.
China’s CSI300 index was up 0.45% at 4,188.68 and Shanghai Composite index added 0.21% at 3,259.96.