FBM KLCI up after starting lower amid China-US trade war thaw hopes
KUALA LUMPUR (Jan 18): The FBM KLCI rose after opening lower today as global investors took cue from a a report by The Wall Street Journal that US Treasury Secretary Steven Mnuchin discussed lifting some or all tariffs imposed on Chinese imports.
Such sentiment led to anticipation of a thaw in the China-US trade war. At Bursa Malaysia, the KLCI opened 0.67 point lower at 1,682.30 at 9am. At 9:05am, the KLCI rose 0.21 point to 1,683.18.