KUALA LUMPUR: The FBM KLCI closed higher on Monday, recovering losses from the sell-off triggered by Trump's Liberation Day announcement, as easing US-China trade tensions lifted investor sentiment.

The 30-stock index climbed 12.39 points, or 0.82%, to 1,521.59 — its highest level since the start of the month and its intraday peak. It had earlier hit an intraday low of 1,511.48.