PChem, banks lead market rally


KUALA LUMPUR: Bursa Malaysia surged in early morning trade as Petronas Chemicals and financial heavyweights were driven higher on improved investor sentiment and a boost from firmer commodities prices.

The market was seen tracking Wall Street's overnight performance higher given the broad-based rebound in US euqities. This came a day after the US equities market was pummelled by a tech rout as rising bond yields spooked investors.

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Bursa Malaysia , FBM KLCI , equities

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