Year of the Ox gives Bursa a boost


KUALA LUMPUR: Investors’ appetite for riskier assets on the first trading day of the Year of the Ox and a jump in crude oil prices enabled the FBM KLCI to close above the critical 1,600 on Monday.

At 5pm, the KLCI was up 8.65 points or 0.54% to 1,608.07 but off the day's best as the gains were partly erased by continued selling of glove stocks.

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