Bursa Malaysia snaps 3-day losing streak on bargain hunting


KUALA LUMPUR: Bursa Malaysia snapped three consecutive days of losses to end higher today on bargain-hunting in tandem with the upbeat performance of regional markets as investors raised bets on the US Federal Reserve (Fed) interest rate cut in September.

At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 11.68 points or 0.72 per cent to 1,624.56 from Friday's close of 1,612.88.

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