Bursa Malaysia stages rebound on China reopening hopes


KUALA LUMPUR: The Malaysian stock market surged yesterday, closing at an intraday high amid a buoyant regional performance, driven by hopes that China will soon relax its strict Covid-19 restrictions, dealers say.

At 5pm, the benchmark FBM KLCI jumped 17.90 points, or 1.26%, to end at the intraday high of 1,438.28, compared to Thursday’s close of 1,420.38.

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Bursa Malaysia , FBM KLCI , China

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