FBM KLCI rises in early trade amid US rate cut hopes


KUALA LUMPUR: The FBM KLCI edged higher on Monday as it rode on renewed buying interest, spurred on by hopes the US Federal Reserve will maintain a dovish stance.

The late-buying interest last Friday pushed trend and momentum indicators higher, pointing to a potential for further near-term gains, said TA Securities in its technical outlook.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Bursa Malaysia , KLCI , equities , trading , stock

Next In Business News

Stocks slide, oil gains with Mideast ceasefire prospects centre stage
Fresh growth opportunities open for MNCs
George Kent redeems RM132mil sukuk
Aemulus wins RM10.5mil order, marks debut in India
ICT Zone Asia secures RM24.5mil ICT hardware purchase order
FBM KLCI remains steady amid choppy trading
China's yuan edges down as dollar gains; investors watch Iran war talks
MTT Shipping and Logistics targets RM652.5mil IPO to fund fleet expansion
Trump's tariffs had little impact on GDP in 2025, but raised revenue, academic paper finds
Oil prices climb as investors reassess Middle East ceasefire prospects

Others Also Read