FBM KLCI rises as it plays catch-up after long weekend

Quick Summary:

KUALA LUMPUR: The domestic market bounced higher on Tuesday following the extended weekend as the market played catch up to global markets that rallied previously on optimism over easing inflation.

At the open, the FBM KCI was up 6.12 points, to 1,617.14, erasing the losses it made in the previous session.

YTL Power rose six sen to RM5.29 while YTL Corp gained three sen to RM3.80 and PETRONAS Gas jumped 16 sen to RM18.14.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Stocks Bursa Malaysia FBM KLCI Markets Equities Commodity Trading Investor /Business/Business News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-09 @ 09:10:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 315 words

Reading Time: 2 minutes read

Sentences: 12 lines

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Copyright Owner: © The Star

News ID: 21547630

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