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KLCI to trade range bound, immediate support at 1,756

Mimi Sabreena 8:18:00 AM Informasi

KUALA LUMPUR (Sept 28): The FBM KLCI is expected to trade range bound today, with immediate support at 1,756.

The dollar on Wednesday climbed to a one-month high against a basket of currencies, while financial stocks and Treasury yields rose after strong economic data helped boost expectations for a U.S. Federal Reserve interest rate hike in December, according to Reuters.

U.S. small-cap stocks rallied on the expectation of lower taxes, tallying their biggest single-day gain since March, it said.

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