FBM KLCI ends above 1,500

KUALA LUMPUR: The FBM KLC closed above the 1,500-point psychological resistance following a rally that defied expectations of US data showing rocketing inflation.

At 5pm, the key index was up 7.06 points to 1,550.17. There were 6.67 billion shares traded valued at RM2.38bil, which showed a jump in investor interest as compared to 4.14 billion shares traded for RM1.9bil last Friday.