KL shares closed higher


04/07/2012 13:13 AST  Business Times

Share prices on Bursa Malaysia closed higher today in tandem with the rally in regional bourses, driven by expectation that policymakers will implement monetary measures to boost the weakening global economy, dealers said.

The benchmark FBM KLCI climbed to an all-time intra-day high of 1,614.79 before settling at 1,613.75, up 6.01 points. The index opened the day 1.70 points higher at 1,609.44.

The FBM KLCI's previous record high was at 1,611.50 last month.

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