Bursa picks up as investors flock to equities


KUALA LUMPUR: The FBM KLCI maintained a strong lead at midday as a investor sentiment in equities markets turned positive following a greater sense of certainty over US interest rate hikes and falling bond prices.

At 12.30pm, the benchmark index was up 13.02 points to 1,598.83 as bank counters rallied amid expectations of a higher interest rate environment.

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Bursa Malaysia , FBM KLCI , equities

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