Consolidation continues at 1,600, Guan Chong tops gains on Bursa


KUALA LUMPUR: The FBM KLCI continued to hover near the 1,600 mark over the morning sessions as investors look towards new developments following news that China's benchmark lending rate had only been slightly lowered.

Market focus has turned to the US Federal Reserve's Jackson Hole symposium and the Group of Seven meeting this coming weekend for signs of what is in store for global policy.

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