KLCI tracks higher as US stimulus hopes lift


KUALA LUMPUR: The FBM KLCI bounced higher on Wednesday, tracking the positive global sentiment that was sparked by hopes of a large fiscal stimulus package in the US.

At 12.30pm, the key index was up 12.98 points to 1,614.86, ahead of the inauguration of US President-elect Joe Biden, who has planned a US$1.9 trillion stimulus package to boost the economy and facilitate the distribution of the Covid-19 vaccines.

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Bursa Malaysia , FBM KLCI , equities

   

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