FBM KLCI drifts higher ahead of OPR decision, holiday weekend


KUALA LUMPUR: The FBM KLCI rode on the recovery in US tech stocks to open higher on Thursday morning, although investors remained cautious ahead of Bank Negara's decision on its benchmark lending rate later today.

Also, the local market is due to be shuttered for another three-day weekend, which could accelerate profit-taking pressure and put a cap on gains today.

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Bursa Malaysia , KLCI , equities , trading , stock

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