Bursa bounces back

Uptrend seen: Analysts say the FBM KLCI is poised for a sustained upside once the concerns are factored in, especially in the second half of this year.

Global markets respond to China stabilising its stock market

PETALING JAYA: The FBM KLCI rebounded strongly while global markets were calmer on the second trading day of 2016 following the worst start for equities in years, with China said to have intervened heavily in stabilising its stock market.