Local equities continue rally on oil prices, Fed rate hike plans


KUALA LUMPUR: Bursa Malaysia rebounded on Thursday after the US equities market was spurred on by comments from Federal Reserve chairman Jerome Powell that cleared up some of the uncertainty surrounding its rate hike plans.

At 9.05am, the FBM KLCI climbed 10.71 points to 1,608.81 to reclaim the 1,600-point psychological level.

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Bursa Malaysia , FBM KLCI , equities

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