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KLCI closes at intra-day high as foreign funds bargain hunt for blue chip stocks

KLCI closes at intra-day high as foreign funds bargain hunt for blue chip stocks

KUALA LUMPUR (Dec 12): The Malaysian stock market closed higher today, led by blue chip stocks as foreign funds went bargain hunting.

The benchmark FBM KLCI ended the day at an intra-day high of 1,729.57 points, up 10.1 points or 0.59% from yesterday's closing. The index moved between 1,717.32 and 1,729.57 throughout the day.

Inter-Pacific Securities Sdn Bhd head of research Pong Teng Siew told theedgemarkets.com that he expects the KLCI to continue its rising trend this week.

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