KUALA LUMPUR: The FBM KLCI closed at its highest in seven weeks on Friday amid strong investors' appetite and buying support by foreign funds.

       The benchmark index closed up 15.86 points, or 1.14% to 1,412.09, its highest since May 23. All sectoral indices closed positive. For the week, in index gained 2.5% or 34.42 points.

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       In the broader market, there were 650 stocks advancing against 289 stocks declining while 423 counters were unchanged. About four billion shares, valued at RM2.7bil, changed hands.

       Among the 30 FBM KLCI constituents, 25 stocks were higher while three closed lower.

       In terms of fund flows, foreigners emerged as net buyers with total purchases valued at RM129mil on Thursday.

       Local institutions and retailers were net sellers offloading equities worth RM97mil and RM32mil respectively.

       Among the gainers, Malaysian Pacific Industries surged RM2.34 to RM31.24, Nestle rose 90 sen to RM131.10, Ajinomoto gained 42 sen to RM16 and Hong Leong Financial Group climbed 30 sen to RM17.76.

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       YNH Property fell 15 sen to RM4.90, Dutch Lady slid 14 sen to RM21.86, Ideal lost 11 sen to RM2.01 and Imaspro declined nine sen to RM5.22.

       Classita was the most active stock, surging 54% to 21.5 sen, followed by Dagang Nexchange, which climbed 6.4% to 50 sen, and Widad Group unchanged at 42 sen.

       Elsewhere in the region, Japan’s Nikkei 225 fell 0.08%, Hong Kong’s Hang Seng Index rose 0.33%, South Korea’s Kospi closed up 1.43% and China’s CSI 300 index gained 0.02%.