KLCI starts higher after US reports better-than-expected employment data

TheEdge Fri, Jul 03, 2020 09:02am - 3 years View Original


KUALA LUMPUR (July 3): The FBM KLCI opened higher today after US equity indices finished up overnight on Thursday following the nation's better-than-expected employment data report. 

At Bursa Malaysia today, the KLCI opened 6.72 points higher at 1,543 at 9am. At 9:05am, the KLCI rose 6.94 points to 1,543.22.

"Following the positive (equity) performances in the US and Europe, the KLCI could extend its rally towards the resistance of 1,550 points," JF Apex Securities Bhd analysts wrote in a note today.

 

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