KUALA LUMPUR: The FBM KLCI gapped up above the 50-day simple moving average on Monday as the bulls reappeared following a surge in crude oil prices.
At 12.30pm, the key index was up 23.12 points to 1,623.25, amid strong buying interest as Brent crude oil rallied past the US$70 a barrel mark amid Opec's decision to maintain supply cuts through April.
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