FBM KLCI holds on to 1,500 support at midday


KUALA LUMPUR: The FBM KLCI retraced earlier gains to hover near the 1,500 support as regional investors dialled back bets the US Federal Reserve will soon start cutting interest rates.

At 12.30pm, the benchmark index was down 1.8 points to 1,500.11.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Cheap labour, costly future
Asia seen as sweet spot in physical AI
ETA Group to dispose of stakes in two subsidiaries for RM22.73mil
Insas proposes disposal of up to 218 million Inari shares
Kawan Renergy posts RM2.04mil net profit in 3Q
MediAsas DRG pricing framework built on RM4.8bil in hospital billings
Astino’s FY26 net profit rises 44% on stronger export margins
Ringgit closes higher against US dollar despite fed rate hike expectations
Kinergy Advancement proposes private placement to raise up to RM79.75mil
MISC, Yinson Legacy and EPF continue talks on Yinson privatisation at RM2.35 a share

Others Also Read