- FGV advances 12% climbing most in more than three years The Edge Markets MY
- Blue chips extend gains, Asian markets inch higher - Business News The Star Online
- KLCI to end week on positive note, hurdle at 1685 The Edge Markets MY
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FGV Holdings Bhd shares rose 12%, more than any full-day gain since September 2015.
KUALA LUMPUR: Blue chips extended their gains for the second day early Friday, thanks to the positive key Asian bourses, with plantations and Petronas Dagangan shoring up the FBM KLCI but profit taking could set in later.
The FBM KLCI is expected to end the week on a positive note today in line with firmer overnight close at most global markets, with immediate hurdle at 1,685. An index of world stock markets edged higher on Thursday as worries over the lack of clear signs of a resolution to the US-China trade spat were offset by an assurance by Federal Reserve Chairman Jerome Powell that the US central bank has the ability to be patient on monetary policy, according to Reuters.
Japanese automaker Nissan Motor has terminated the lease to ex-Chairman Carlos Ghosn's luxury apartment in Tokyo, Ghosn's legal team said on Friday.
Investigation will now examine payments made to former Nissan chairman before 2017