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KLCI to remain subdued as sentiment stays tepid

KLCI to remain subdued as sentiment stays tepid

KUALA LUMPUR (Oct 25): The FBM KLCI is expected to start the day in subdued fashion today, with support seen at the 1,740-point level.

Although some pockets of bargain hunting may emerge, overall sentiment remains tepid.

The Dow Jones Industrial Average Index closed higher on Tuesday, driven by solid earnings from industrial companies, while the dollar index was little changed after reports of Republican senators' support for John Taylor as Federal Reserve chair, according to Reuters.

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