Rakuten's Thong said the local market bellwether was expected to inch higher ahead of the proposed dissolution of the state legislatures by the end of the month.
KUALA LUMPUR: The FBM KLCI settled slightly higher at close yesterday backed by mild buying support in selected heavyweights amid mixed regional market performance.
At 5pm yesterday, the index rose 1.91 points to 1,383.17 from 1,381.26 at its close last Friday.
The key index opened 0.84 points higher at 1,382.10 yesterday morning and moved between 1,377.35 and 1,383.58 throughout the tradingsession.
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