Stellar rebound sees KLCI reclaim previous day's losses


KUALA LUMPUR: The FBM KLI made a steep bounce on Tuesday, erasing nearly all the losses from the sell-off in the previous session caused by the MSCI's semi-annual rebalancing.

Yesterday, the breadth of the Malaysian market remained positive with more gainers than losers despite the 44-point decline as the affected counters were mainly constituents of the FBM KLCI. The positive market momentum continued with 664 gainers to 395 decliners in today's trade.

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Bursa Malaysia , FBM KLCI , equities

   

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