Bursa joins global equities rally as Fed signals pivot


KUALA LUMPUR: The domestic market picked up on the positive global sentiment for equities following the US Federal Reserve's signal that it would begin rate cuts next year.

The benchmark FBM KLCI rallied 5.78 points to 1,453.82 as investor bets on a more dovish US were rewarded following the end of its latest Federal Open Market Committee meeting.

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