Uptrend continues

PERSISTENT buying support in selected heavyweights, led by Petronas Gas, pushed Bursa Malaysia to end at almost three-month high yesterday, in tandem with the better performance on regional bourses, dealers said.

At the close, the key FBM KLCI was 7.12 points better to end at an intra-day high of 1,789.86 after going down to as low of 1,781.54.

It opened 0.45 of-a-point weaker at 1,782.29 from Monday’s close of 1,782.74.

Volume advanced to 3.66 billion units worth RM2.26bil from 2.73 billion units valued at RM2.16bil on Monday.

Petronas Gas and IHH Healthcare were the top two gainers among the heavyweight counters, rising 64 sen and 14 sen each to end at RM18.74 and RM6, respectively.