Focus expected on banking stocks today

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Benchmark index to hover between 1,450-1,460 today, says analyst.

KUALA LUMPUR: Bursa Malaysia opened higher today as buying activities emerged with the US Federal Reserve keeping the rate steady, said an analyst.

“Back home, the FTSE Bursa Malaysia KLCI slid to almost the 1,450 level amid some unloading of stocks ahead of the Fed’s decision yesterday.

 

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