FBM KLCI rises as reporting period in full swing

Quick Summary:

KUALA LUMPUR: The FBM KLCI bounced higher on Monday as announcements of corporate results are expected to pick up in the final week of the reporting period.

This week, traders will shift their focus to key economic events, including the FOMC Meeting Minutes, US Core PCE data, US Q3 GDP and China’s Manufacturing PMI, said Malacca Securities.

Of actives, CN Asia rose 0.5 sen to eight sen, JCY lost two sne to 34.5 sen and Widad was unchanged at five sen.

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Category: EconomyBusiness

Markets: MalaysiaChina

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

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Article Type: News Report

Published On: 2024-11-25 @ 09:19:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

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