KUALA LUMPUR: The FBM KLCI extended its gains after the long weekend as local equities tracked Wall Street higher while sentiment improved on news of the March arrival of the Covid-19 vaccine in Malaysia.
"The rebound on Wall Street overnight, coupled with the relaxation of the MCO to allow all businesses to operate until 10pm may contribute to some positive impact to the market, albeit rising Covid-19 cases may still dampen the economic recovery," said Malacca Securities Research.
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