Energy stocks take centrestage as FBM KLCI bucks downward trend


KUALA LUMPUR: A surprise reversal in the performance of blue chips on Bursa Malaysia suggested foreign funds were seeking out local equities even as global markets were wracked by nerves over the US's entry into the Isreal-Iran conflict.

While other regional equity benchmarks wallowed in the red, Malaysia's FBM KLCI made an unexpected bounce to erase a 14-point deficit and tack on a 6.61-point gain to 1,509.35.

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Bursa Malaysia , KLCI , equities , trading , stock

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