KUALA LUMPUR: The FBM KLCI rose at the opening bell on Friday, but expected to remains cautious ahead of a key US inflation report, as investors look keenly towards more evidence of moderating global inflation.
At 9am, the key index was up 2.05 points to 1,532.11, helped along by fresh records charted on Wall Street overnight ahead of the extended Easter Sunday weekend.
With the impending inflation data, the research firm expects investors to have their guard up in anticipation of new developments.
"With the resumption of trading today following the mid-week break, we expect investors and traders may take a step back to assess any potential catalyst.
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