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.

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

Trading ideas: EcoWorld, HE Group, AirAsia, Zetrix AI, UUE Holdings, Infomina, Inta Bina, United Malacca
Economy resilient
Infomina bags RM62.65mil job
Private healthcare to sustain growth momentum
UUE Holdings wins RM30mil Singapore jobs
Synergy House recovery hinges on dollar strength
ASteel shareholders advised to reject takeover offer
Malaysia Airlines sees strong demand from China
OpenMove AI appoints new group CEO
SLGC’s IPO oversubscribed by 3.1 times�

Others Also Read