Bursa hops on to global rally as investor anxieties subside


KUALA LUMPUR: The rally on the FBM KLCI grew stronger over the morning session as investors leveraged on an uptick in global sentiment to pour into bargains.

Positive developments in ongoing negotiations between Russia and Ukraine helped to bolster the rally, while the US Federal Reserve's 25bps interest rate hike, in line with expectations, alleviated some anxiety over the pace of the central bank's hawkish cycle.

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Bursa Malaysia , FBM KLCI , equities

   

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