FBM KLCI hits 1,700 as banks surge to record levels


KUALA LUMPUR: The buying momentum on the FBM KLCI is picking up speed as investor risk appetite improved amid confidence over the health of the global economy.

The benchmark FBM KLCI gapped up to the psychological 1,700-point level on Tuesday, its highest level in seven years, as the domestic market tracked record performances on Wall Street.

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Bursa Malaysia , KLCI , equities , trading , stock

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