FBM KLCI comes within striking range of 1,600


KUALA LUMPUR: The recent rally on the domestic market has investors hoping that the FBM KLCI will soon reclaim the 1,600 psychological resistance.

While the benchmark index started the day 1.55 points lower at 1,583.62 on mild profit-taking, there could be a renewed surge of buying interest late in the day as foreign funds reverse the selling that has plagued the market in recent months.

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