FBM KLCI closes lower on Friday

Published: Friday February 25, 2011 MYT 9:44:00 AM
Updated: Friday February 25, 2011 MYT 5:29:11 PM
FBM KLCI closes lower

KUALA LUMPUR: The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) dropped 0.60 point or 0.04% to close at 1489.27 points on Friday.

SIME rose 2 sen to RM9.04; Axiata was up 2 sen to RM4.87; YTL surged 6 sen to RM7.12; IOI jumped 3 sen to RM5.46 while KLK dropped 58 sen to RM20.20.

Asian markets were up. Tokyo's Nikkei 225 rose 74.05 to 10526.76; Hang Seng Index increased 411.33 to 23012.37; Straits Times Index was up 48.62 to 3021.70; Taiwan Taiex Index surged 58.01 to 8599.65 while Kospi Index was up 13.55 to 1963.43.

Nymex crude oil in electronic trade rose 52 cents to US$97.80 per barrel.

Spot gold jumped 85 cents to US$1403.72 per ounce.

The ringgit was quoted at 3.0523 to the US dollar.