Last Week on Bursa Malaysia: KLCI Edges Up as Petronas Chemicals Jumps, Oil Risks Loom
Petronas Chemicals Group surged 22.2% last week, lifting the FTSE Bursa Malaysia KLCI to 1,718.06, up 1.45 points despite regional market declines. The KLCI held above 1,700 as Bank Negara Malaysia kept its policy rate at 2.75%. Broader indexes fell and financial shares dropped, but energy stocks rose. Weekly turnover increased to 17.29 billion units worth RM18.69 billion.
