The FBM KLCI remained firmly above the resistance level at midday, with investors closely watching for the U.S. Federal Reserve’s upcoming interest rate decision.
At the lunch break, the benchmark index had risen by 8.05 points, or 0.49%, to 1,646.36, having reached an intra-morning high of 1,647.22.
The broader market showed positive momentum, with 633 gainers outpacing 328 decliners. Morning trading saw 1.62 billion shares changing hands, with a total value of RM1.3 billion.
