KUALA LUMPUR: The FBM KLCI posted a weekly gain, boosted by gains in banking and plantation stocks.

       At 5pm, the 30-stock index rose 0.38 of a point to 1,591.26 on Friday, ending the week 23.04 points, or 1.47% higher.

       There were 425 gainers, 468 losers and 448 counters traded unchanged on the Bursa Malaysia. Turnover was at 3.32 billion shares valued at RM5.71bil.

       In today’s session, 10 of the KLCI-component stocks were traded higher while 18 counters declined while two counters remained unchanged.

       Among the plantation stocks, Kuala Lumpur Kepong gained 30 sen to RM25.30, PPB climbed eight sen to RM17 and Sime Darby Plantation rose eight sen to RM4.98.

       Tenaga jumped 34 sen to RM9.42, Petronas Dagangan gained 22 sen to RM20.62, Maybank added four sen to RM9.02 and Public Bank rose six sen to RM4.69.

       On the broader market, Carlsberg surged 74 sen to RM20.72, F&N gained 56 sen to RM21.20 and PMB Technology added 40 sen to RM17.22.

       Malaysian Pacific Industries, Hong Leong Bank, Hong Seng and KESM are among the top losers on Bursa Malaysia.

       Meanwhile, Reuters reported that gold prices fell on Friday en route to their worst week since late November, as safe-haven demand fuelled by Russia's invasion of Ukraine subsided.

       Spot gold fell 0.52% to US$1,932.76 per ounce while spot silver declined 0.51% to US$25.25 an ounce.

       Brent crude rose 45 cents to US$107.09 a barrel while US West Texas Intermediate crude was at US$103.55 per barrel, up 57 cents.