Bursa rides on US rally on hopes of dovish Fed

At the opening bell, the benchmark FBM KLCI was up 2.05 points to 1,408.60.

At the opening bell, the benchmark FBM KLCI was up 2.05 points to 1,408.60 as the US markets rose overnight on bets of a more dovish Fed amid the turmoil in the financial sector.

"Crucial index supports remain at the recent low of 1,391 and last October's low of 1,372, with stronger chart supports at 1,350, 1,320 and 1,300.

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