FBM KLCI firmer on Fed rate-cut expectations


Rakuten Trade's Thong said the benchmark index continues to display resilience after the August rally.

KUALA LUMPUR: Bursa Malaysia ended trading on a positive note yesterday, marking its third consecutive day of gains in line with other major Asian bourses.

The regional markets closed higher on optimism that signs of softness in the US labour market could prompt the US Federal Reserve (Fed) to deliver at least a quarter-point rate cut next week.

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