FBM KLCI stays flat while regional markets rally on economic hopes


KUALA LUMPUR: Malaysia's benchmark index eked was flat at midday while the regional markets rallied on the back of growing optimism that additional stimulus measures in China will help to bolster the slowing economy while US economic data pointed to a halt in interest rate hikes this year.

At 12.30pm, the FBM KLCI rose a marginal 0.35 points to 1,463.78 as investors held on to recent gains but awaited further domestic catalysts before pushing higher.

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