Profit-taking weighs on FBM KLCI


KUALA LUMPUR: The strong performance in Asian markets could help to keep domestic share prices on firm ground even as investors turn more cautious ahead of the US Federal Reserve's upcoming policy meeting.

"Despite the softer trading tone in the US, we expect the momentum to sustain on the local front, in view of the positive rebound in the regional markets lately," said Malacca Securities Research in a report.

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