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KLCI to drift higher on bargain hunting, hurdle seen at 1,740

Mimi Sabreena 7:21:00 AM Informasi

KUALA LUMPUR (Oct 26): The FBM KLCI is expected to drift higher today on some mild bargain hunting with immediate hurdle seen at 1,740 points.

U.S. and European stock markets were knocked lower on Wednesday by corporate earnings concerns, while U.S. bond yields rose on a combination of robust economic data and swirling speculation over who will next lead the Federal Reserve, according to Reuters.

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