REVIEW: Taking the cue from a steadier US equities overnight, Bursa Malaysia kicked off the week marginally firmer, with the FBM Kuala Lumpur Composite Index (FBM KLCI) rising 1.6 points to 1,813.52, extending the previous session’s uptrend amid follow-through bargain hunting interest.
Though the local sentiment was positive in early business, an unspiring peformance in Asian equities, coupled with a lower crude oil prices were supportive of a rally and subsequently, the key index turned sideways.
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