Short-term trend appears hazy


REVIEW: Bursa Malaysia's principal indicator, the FBM Kuala Lumpur Composite Index (FBM KLCI), scaled to a high of 1,559.68, up 2.19 points shortly after the opening on Monday on bargain-hunting interest.

However, the positive momentum could not be sustained, with weaker US stocks and an unexpected spike in crude oil prices weighing on local sentiments.

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