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KLCI set to start week higher, immediate hurdle at 1,770

KLCI set to start week higher, immediate hurdle at 1,770

KUALA LUMPUR (Oct 9): The FBM KLCI is expected to start the week on a positive note today and trend higher, with immediate hurdle at 1,770.

The U.S. dollar tumbled and debt yields pared sharp gains on Friday on a report that North Korea is preparing to test a long-range missile, reversing earlier jumps after U.S. jobs data for September raised the likelihood of an interest rate hike in December, according to Reuters.

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