FBM KLCI rebounds after three days of losses

KUALA LUMPUR: The FBM KLCI bounced back on Monday after a period of extended profit-taking in the previous week, but remained caught within a sideways trading channel.

At 12.30pm, the country's main index had risen 8.34 points to 1,583.5, with further advance seemingly capped by the overhead 1,600 psychological resistance.