Buying of selected oil and plantation stocks amidst the rise in oil prices to a record high of US$125.9/brl helped the KLCI to register a gain of 1.1% to 1,285.2 points for the week.
Most regional markets retraced on concerns over rising inflationary pressures after oil prices hit a record high of US$125.9/brl on Friday.
The local market is expected to continue to take its cue from regional markets as investors monitor the outlook for economic growth and interest rates in the U.S.
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