KUALA LUMPUR: THE underlying FTSE Bursa Malaysia KLCI (FBM KLCI), which broke the 1,540 resistance level, is expected to re-test the 1,550-point mark this week, dealers said.
The upward momentum should continue with the key index likely to trade between 1,550 and 1,555 points, on the back of encouraging first quarter gross domestic product (GDP) figures, scheduled for release on May 18.
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