Markets rebound, KLCI climbs on Tenaga and PChem

“But the tariffs are not being delayed because President Trump has turned "Mr Nice Guy" it’s because big business has told the White House categorically there aren't any alternative supplies," points out Stephen Innes, managing partner of VM Markets Pte Ltd, Singapore.

KUALA LUMPUR: Key Asian markets including Bursa Malaysia staged a rebound early Wednesday as investors took heart from the US move to delay tariffs on some Chinese imports, underpinned by gains in Tenaga Nasional and Petronas Chemicals.

At 9.33am, the FBM KLCI was up 5.08 points or 0.32% to 1, 597.96. Turnover was 477.25 million shares valued at RM180.87mil. There were 356 gainers, 95 losers and 168 counters unchanged.