Bank rally drives FBM KLCI higher by nearly 1%


KUALA LUMPUR: The FBM KLCI tacked on 0.9% in morning trading as local blue chips continued their red-hot rally amid an inflow of foreign funds, and optimism over Big Tech earnings releases in the US later this week.

The benchmark index was up 15.85 points to 1,759.92 at midday, as it continued its ascent to fresh seven-year highs on the back of heavy buying interest in local banks.

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