Cautious buying on Bursa Malaysia as geopolitical concerns continue


KUALA LUMPUR: Malaysia's benchmark stock index rose on Thursday, taking its cue from Wall Street as the Federal Reserve affirmed it expected two interest rate cuts for the year.

The FBM KLCI gained 4.74 points to 1,522.30 as trading commenced on the domestic market, driven higher by bargain-hunters picking up oversold shares from the previous day's selldown.

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Bursa Malaysia , KLCI , equities , trading , stock

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