FBM KLCI gains in lead-up to earnings announcements

KUALA LUMPUR: Malaysia's key stock index climbed in the morning session in anticipation of a pick-up in corporate results being released this week, while Beijing slashed interest rates by a larger-than-expected margin in an effort to revive economic growth.

At 12.30pm, the benchmark FBM KLCI was up 8.04 points to 1,546.65 although the broader market maintained a negative breadth of 467 decliners to 406 gainers.