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KLCI up 0.18% on US inflation rate being within market expectation

Mimi Sabreena 4:04:00 PM Informasi

KLCI up 0.18% on US inflation rate within market expectation

KUALA LUMPUR (Feb 15): The FBM KLCI rose 3.35 points or 0.18% to close at 1,838.28 in the final trading session before the Chinese New Year holidays on news that US January 2018 inflation data, which was released yesterday, was within the market expectation.

Areca Capital Sdn Bhd chief executive officer Danny Wong Teck Meng said the US inflation data would not probably add fuel to the interest rate hikes.

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