FBM KLCI rallies 2.32%, hits two-month high on easing US-China tensions


KUALA LUMPUR: The FBM KLCI soared to its highest level in over two months, riding high on the positive momentum from easing U.S.-China trade tensions, offering investors a welcome reprieve.

At closing, the market barometer surged 35.89 points, or 2.32%, to 1,582.39 — its highest level since late February. Throughout the session, it moved within a 21.16-point range, hitting a high of 1,582.55 and a low of 1,561.39. Today’s gain is the largest since rising 4.47% on April 10.

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