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KUALA LUMPUR: The FBM KLCI entered the lunch break slightly higher than last Friday's close as investors shrugged off Fitch Ratings' downgrade of Malaysia's credit rating and gained confidence in growing commodity prices.
KUALA LUMPUR: The FBM KLCI held on to its early lead as it entered the lunch break following a growth-inspired commodities rally.
KUALA LUMPUR: The FBM KLCI continued its rebound for a second day, erasing the losses from Monday's selldown and turning the index positive for the week.
KUALA LUMPUR: The FBM KLCI rose by 1.45 points as the benchmark index swung back from losses on the last trading day of October with Asian markets broadly in the red in reaction to the recent disagreement between the members of the Organisation of the Petroleum Exporting Countries (OPEC).
KUALA LUMPUR: The FBM KLCI rose by 1.96 points to outperform regional markets as the ringgit rebounded following the surge in crude oil prices over the past two days.
KUALA LUMPUR: Fund nibbling of Malayan Banking Bhd, Petronas Chemicals Bhd and Sime Darby Bhd underpinned the FBM KLCI's advance at midday on Thursday as key Asian markets rallied, led by energy stocks.
KUALA LUMPUR: Bursa Malaysia FBM KLCI index has high potential to recover this year backed by strong gross domestic product outlook and better corporate earnings.