KLCI closes above crucial 1,600, first in 6 months


The KLCI extended its year-to-date (y-t-d) gains from last Friday to close 14.59 points or 0.92% higher at 1,606.43 yesterday.

PETALING JAYA: Bullish retailers continue lifting the market higher as they revel on the optimism in global equities, a fortnight into the second half of 2020 where the economy is expected to start gaining traction.

The FBM KLCI closed above 1,600 points for the first time in six months since Jan 7 on the back of a strong volume comprising 9.54 billion shares changing hands.

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