KLCI to kick start September on cautious note
KUALA LUMPUR (Sept 5): The FBM KLCI is expected to commence trading in September, historically a tricky month for Malaysian equities, on a cautious note in line with global markets, as the spectre of a geopolitical conflict in the Korean peninsula weighed down global investor sentiment.
Stocks and the dollar fell on Monday while the Japanese yen, gold and sovereign bonds rose after North Korea's most powerful nuclear test to date dampened investor appetite for risk, according to Reuters.
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