Barefoot Investor: FBM KLCI is start to move higher at midday..

Well.. after watching the market in up and down trend early in this morning. Finally FBM KLCI start to move higher at midday. The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) rose 12.26 points or 0.83% to 1497.68 points at 12.30pm.

According to Hwang DBS Vickers Research, it said that the reason that causing the stocks in region to drive higher is due to the powerful overnight rally on Wall Street. Its key equity indices jumping on 2.0% and 2.3% at the closing bell on the improved sentiment.


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