KUALA LUMPUR 9 July - FBM KLCI opened higher at 1,584 for Wall Street overnight went stronger amid fears of economic recovery as there is a resurgence in new COVID-19 cases.
Meantime, the investors await the release of Chinese inflation data for June, which is expected to rise by 2.5% year-over-year, Trading Economics noted.
“In early trading, gainers were seen for energy stocks, consumer discretionary, financials, and basic materials.
“Meanwhile, industrial shares led losses, followed by consumer non-cyclicals,” mentioned Trading Economics. - DagangNews.com
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