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FBM KLCI up as ringgit strengthens after oil tops US$70

Mimi Sabreena 4:03:00 PM Informasi

KUALA LUMPUR (Jan 12): The FBM KLCI closed 5.79 points or 0.3% higher as the ringgit strengthened after crude oil prices topped US$70 a barrel.

At 5pm, the KLCI closed at 1,822.67 points. The ringgit appreciated to its strongest level against the US dollar today at 3.9696. Over the past one year, the ringgit was traded between 3.9696 and 4.4707 against the US dollar.

In crude oil markets, Reuters reported today that Brent marked a December-2014 high the previous day at US$70.05 a barrel.

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