MALAYSIAN shares continued their good run in the first week of June, fuelled by liquidity and optimism over economic revival as global Covid-19 lockdowns ease. This is in tandem with global market trends.
With the bulls in charge, the benchmark FBM KLCI finally breached the 1,500-point level over the week.
It gave up some gains yesterday to end at 1,556.33 points. At this level, the index has gained about 28% since the movement control order (MCO) was enforced on March 18 to contain the spread of the Covid-19 pandemic in Malaysia.
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