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KLCI holds position above 1,600 level as regional markets stay firm, but upside seen capped

KUALA LUMPUR (Feb 16): The main index of Bursa Malaysia held its position above the 1,600-point threshold against a backdrop of strong regional markets.
At 12.30pm, the FBM KLCI had added 3.11 points to 1,611.18. The index earlier rose to a high of 1,613.01.
Gainers led losers by 532 to 278, while 708 counters traded unchanged. Trading volume was a brisk 8.28 billion shares valued at RM3.07 billion.
The gainers included Genetec Technology Bhd, Heineken Malaysia Bhd, BLD Plantation Bhd, Widetech (Malaysia) Bhd, Petronas Chemicals Group Bhd (PetChem), Malaysia Smelting Corp Bhd, Dataprep Holdings Bhd and Ark Resources Holdings Bhd.
The actively traded stocks included DGB Asia Bhd, ARB Bhd, Dataprep, Dagang NeXchange Bhd (DNeX), Lambo Group Bhd, Key Alliance Group Bhd and Pegasus Heights Bhd. ....

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