KUALA LUMPUR: Bursa and key Asian markets closed sharply higher on Tuesday as investor sentiment was reinforced by stimulus measures and a drop in new Covid-19 cases.
At 5pm, the FBM KLCI was up 28.23 points or 2.1% to 1,369.92. Turnover surged to 6.61 billion shares valued at RM3.36bil, driven by oil and gas penny stocks. The turnover was the highest in many years.
As for plantations, Sime Darby Plantations’ 40 sen advance to RM5.05 powered the index up 4.38 points, PPB Group gained 36 sen to RM16.68 and IOI Corp six sen RM3.93. Petronas Dagangan was the top gainer, up 86 sen to RM20.96, Petronas Gas 10 sen to RM15.40 while Petronas Chemicals was flat at RM4.78.
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