FBM KLCI makes another positive start

KUALA LUMPUR: The FBM KLCI continued to rise on Tuesday as the market sentiment continued to improve amid declining daily Covid-19 infections and optimism over renewed political stability in the country.

Meanwhile, the positive performance on Wall Street overnight gave global equities a boost. The Nasdaq was seen rallying over 1.5% overnight on the back of pharma plays as the FDA gave its full approval to the Pfizer-BioNtech Covid vaccine.