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FBM KLCI rebounds from weak start after Fed rate hike

KUALA LUMPUR: The FBM KLCI rebounded from a weaker opening on Thursday despite cautious sentiment following the US Federal Reserve's latest interest rate hike.

The Star MalaysiaThe Star查看原文 ↗
美联储加息后,富时吉隆坡综合指数从疲软开局反弹。

KUALA LUMPUR: The FBM KLCI rebounded from a weaker opening on Thursday despite cautious sentiment following the US Federal Reserve’s latest interest rate hike.

The Fed raised its benchmark rate by 25 basis points to 3.75%-4.00%, its first hike since 2023, and signalled further increases ahead.

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