KLCI bounces higher as vaccine hopes rise and economies reopen


KUALA LUMPUR: The FBM KLCI bounced back to the 1,450 mark on its return from the Aidilfitri holidays, tracking Wall Street's performance as the US economy reopened and investors banked on vaccine trials.

The Dow Jones rose 530 points overnight as Novavax said it had begun the first human study of its experimental coronavirus vaccine, with expectations for initial results in July.

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