PETALING JAYA: After a five-day slump, the FBM KLCI surged 62.54 points yesterday, or almost 4.47%, its highest single-day jump since November 2022, on overnight news that US President Donald Trump has decided on a 90-day hold from enacting tariffs for over 75 countries eager to strike trade deals with his administration.
At 5pm yesterday, the premier index closed at 1,463.13. On Nov 24, 2022, it closed 58.38 points up to settle at 1,501.88 when Datuk Seri Anwar Ibrahim was sworn in as the 10th Prime Minister.
