FBM KLCI starts 2Q upbeat on economic developments


KUALA LUMPUR: The FBM KLCI started second-quarter trading on a positive note, bolstered by reassurances from the US Federal Reserve the inflation rate is moderating as expected.

At Monday's open, the benchmark index was up 1.43 points to 1,537.50, tracking optimistic Wall Street futures following last Friday's release of the US Personal Consumption Expenditure price index.

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