FBM KLCI stays range-bound ahead of rate decisions this week

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The story "FBM KLCI stays range-bound ahead of rate decisions this week" was covered 19 hours ago by The Star, a news publisher based in Malaysia.

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The Star 19h ago

FBM KLCI stays range-bound ahead of rate decisions this week - The Star

Quick Summary:

KUALA LUMPUR: The FBM KLCI was seen moving sideways on Tuesday in anticipation of the anouncement of interest rate decisions by both Bank Negara and the US Federal Reserve this week.

On Bursa Malaysia, the top traded stock was Permaju industries, rising 0.5 sen to 3.5 sen with a turnover of 34.1 million shares.

"Alliance Bank and Ambank could be in focus, as they have lagged behind peers despite healthy dividend yields," it said in a note.