KLCI Hovers Higher Midday

The FBM KLCI continued its upward momentum at midday on Thursday, due to persistent buying of selected heavyweights, led by Tenaga Nasional Bhd (TNB).

TNB perked 24 sen to RM11.20, with 3.06 million shares traded.

At 12.30pm, the benchmark index had increased 2.86 points to 1,548.45, from Wednesday’s close at 1,545.59.

The benchmark index, which opened 2.03 points better at 1,547.62, moved between 1,544.67 and 1,552.34 during the morning trading session.

However, the broader market saw losers trumping gainers 678 to 263, while 416 counters were unchanged, 933 untraded, and 43 others suspended.

Turnover amounted to 2.37 billion units worth RM1.54 billion.

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