FBM KLCI rises for 4th straight day on Wall Street rally, OPR status quo

THE FTSE Bursa Malaysia KLCI (FBM KLCI) advanced for the fourth consecutive day today, reflecting the robust performance on Wall Street overnight, and Bank Negara Malaysia’s decision to keep the Overnight Policy Rate (OPR) at 3.0%.

At 5pm, the FBM KLCI rose 7.34 points, or 0.46%, to 1,587.80, anchored mainly by the plantation and financial sectors.

The benchmark index opened 2.76 points higher at 1,583.22 from Tuesday’s close of 1,580.46. – Jan 22, 2025

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