KUALA LUMPUR (Feb 4): The FBM KLCI closed up 1.91 points or 0.12% at 1,584.90 today, after erasing losses in the final trading hour on bargain hunting and as investors weighed Prime Minister Tan Sri Muhyiddin Yassin’s special televised message on the Malaysian government’s measures to curb the spread of the Covid-19 pandemic. The KLCI had earlier today fallen to its intraday low at 1,576.33 with Asian equity indices, as a spike in short-term Chinese interest rates fanned worries about policy tightening in the world's second-largest economy. "There's persistent speculation that the Chinese authorities may want to tighten its policy,” Reuters quoted Wang Shenshen, senior strategist at Mizuho Securities, as saying.