FBM KLCI lifted on Petronas Gas, Genting as oil takes centre stage
KUALA LUMPUR (June 22): The FBM KLCI rose 1.86 points or 0.1% as investors bargain-hunted for index-linked Petronas Gas Bhd and Genting Bhd shares.
At 5pm, the KLCI closed at 1,777.43 points. Petronas Gas shares rose 20 sen to RM18.90, while Genting added 18 sen to RM9.76.
Petronas Gas and Genting were Bursa Malaysia's seventh and ninth-largest gainers, respectively. “There was mild bargain hunting, mainly led by gains in Genting-related stocks,” said Malacca Securities Sdn Bhd analyst Kenneth Leong.
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