FBM KLCI edges higher amid cautious market; ringgit weakens as US dollar rallies

Markets News

FBM KLCI edges higher amid cautious market; ringgit weakens as US dollar rallies
FBM KLCI,KLCI,Bursa Malaysia

The EU’s European Commission has pressed Apple Inc. to further open up the iPhone operating system to rivals, prompting the company to complain about requests from Meta Platforms Inc. that it says will undermine privacy.

KUALA LUMPUR: The FBM KLCI closed slightly higher on Thursday in a cautious market, while the ringgit weakened as the US dollar approached a two-year peak.

Market activity was encouraging, with 3.2 billion shares worth RM3.03 billion changing hands. However, market breadth was negative, as 693 securities closed lower, while 339 ended higher.

  • 📰 staronline
  • ⏱ Reading Time:
  • 10 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 75%
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

staronline /  🏆 4. in NG
 

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FBM KLCI slips below 1,600 amid weak market sentimentFBM KLCI slips below 1,600 amid weak market sentimentThe two met through a mutual acquaintance and have been openly dating for about a year.
Read more »



Render Time: 2025-01-11 20:18:41