REVIEW: The closely-followed Dow Jones Industrial Average set a new record in overnight session, lifted by better-than-expected corporate earnings and over on the New York Mercantile Exchange, crude oil prices recovered to within striking distance of the US$50 psychological level the previous Friday, boosted by a latest report about huge inventory drawdowns.
Riding on the US markets’ strength, Bursa Malaysia started out the new week on a steadier platform, with the FBM Kuala Lumpur Composite Index (FBM KLCI) chalking up 0.82 point to 1,767.90 on renewed bargain hunting interest.
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