FBM KLCI rebounds above 1,600 amid cautious sentiment


KUALA LUMPUR: The FBM KLCI reclaimed the 1,600 level at midday, but sentiment stayed cautious as investors awaited US core personal consumption expenditures (PCE) data for guidance on the Federal Reserve’s policy outlook.

At midday, the FBM KLCI rebounded 7.07 points, or 0.44%, to 1,605.54, just off its intra-morning high of 1,605.93.

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FBM KLCI , KLCI , Bursa Malaysia , Federal Reserve , PCE

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