KLCI gains 6 points at midday


KUALA LUMPUR: After losing 1.4 points last Friday, the FBM KLCI was upbeat in Monday morning trade, adding 5.92 points at the break on a day when markets are buoyed by the fact that US shares had snapped a five-day losing streak at last week’s close.

The Dow Jones surged 192 pointts on Jan 16, driven – among other things – by data showing US consumer sentiment hitting its highest points in 11 years in January, and that December factory output in the US had risen.

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