KLCI, global equities jump on expectation of policy stimulus for economy

KUALA LUMPUR: The FBM KLCI opened on a sharp rebound as it sought to retrace the losses of the previous session amid postive vibes over anticipated policy stimulus among the world's key central banks.

At 9.05am, the index was up 13.75 points to 1,480.68, just two points shy of erasing yesterday's decline. Trading volume was 252.17 million shares valued at RM126.9mil.