FBM KLCI Jumped 2% Higher, As Investors Remain Hopeful to An End of Political Deadlock

As the nation is hopeful for the end of the political deadlock, Bursa Malaysia ended the Thursday morning trading session in bullish note.

The FBM KLCI inched higher 28.94% or 2% at 1,472.44 as compared to 1,443.50.

The benchmark index was traded in the range of 1,450.68 – 1,473.44 for the morning session.

At the time of writing, there is no official released statement on the next Prime Minister yet. But generally investors could smell an end to the political impasse.

Top five active counters were Advance Synergy, Malayan United Industries, Eden, MMAG, Compugates.

Top five gainers Nestle Malaysia, Carlsberg Brewery Malaysia, Heineken Malaysia ,Greatec Technology, Hextar Technologies.

Top five decliners MPI, Chin Tek Plantations, Kuala Lumpur -Kepong, Genting Plantation, Sime Plantation.

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