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FBM KLCI posts third straight day of gains

KUALA LUMPUR (Dec 10): The FBM KLCI continued to advance today, constituting the third consecutive trading day of gains. The local headline index closed 0.48% or 7.96 points higher at 1,654.39 points, the highest it has been in 18 months. The counters that lifted the index were banking stocks CIMB Group Holdings Bhd, Hong Leong Financial Group Bhd (HLFG) and rubber glove manufacturer Top Glove Corp Bhd. CIMB finished 5.68% or 23 sen higher at RM4.28 while HLFG was up 2.27% or 40 sen higher at RM18. As for Top Glove, it finished 2.19% or 15 sen higher at RM6.99. Conversely, the top decliners today were MISC Bhd, Hartalega Holdings Bhd and Petronas Dagangan Bhd (PetDag).

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