KUALA LUMPUR: The FBM KLCI appeared to find some support at the 1, 550 level as it bounced midly higher despite the strong selling pressure in US markets overnight. Rattled by the prospects of aggressive US inflation rate hikes amid geopolitical tensions and economic slowdown in China due to lockdown measures, investors have been dumping global equities in favour of safer assets. However, Malaysia's benchmark FBM KLCI rose 1.24 point to 1, 550.42, with investors reluctant to let go of the crucia
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2022-05-10 00:00:00.0