KLCI resumes upwards momentum; Maxis, IHH lift

  • Markets
  • Wednesday, 16 May 2018

KUALA LUMPUR: The local market picked up on Wednesday morning as stocks rebounded from lows following a late selloff in the previous session.

While Bursa Malaysia continued to stabilise following the flurry of post-election trading activity, the mood turned sour in Asian markets as Pyongyang cancelled talks with Seoul to throw doubt over the US-North Korean Summit even as rising US Treasury yields reignite inflation fears.