KLCI up 1.45 points on volatile trading day as OPEC fails to agree on output cut


KUALA LUMPUR: The FBM KLCI rose by 1.45 points as the benchmark index swung back from losses on the last trading day of October with Asian markets broadly in the red in reaction to the recent disagreement between the members of the Organisation of the Petroleum Exporting Countries (OPEC).

The benchmark index had earlier risen to an intraday high of 1,676.83 before falling sharply to 1,664.74 points during the first 30 minutes of trading today. It subsequently reversed the losses by the midday close.

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