KUALA LUMPUR: Bursa Malaysia climbed at midday, buoyed by improved investor sentiment after the United States reduced tariffs on Malaysian exports to 19% from 25%.
At 12.30 pm, the FBM KLCI surged 18.72 points to 1,531.97, just shy of its intraday high of 1,533.10, as investor sentiment turned broadly positive following news of a US tariff cut.
ALSO READ:US cuts Malaysia tariff to 19% from 25%
Across the broader market, 462 counters advanced, 394 declined and 477 remained unchanged, with 2.03 billion shares traded worth RM1.03bil.
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