Wall Street and Malaysia stock market
The FBM KLCI trended downward as investor sentiment remained cautious due to a lack of buying catalysts.
“Despite this, we believe the sell-off offers an opportunity for investors to find bargains in lower-priced stocks.
“However, we exercise caution due to increasing market volatility and expect the bench mark index to consolidate until more clarity emerges. Therefore, we anticipate the benchmark index to range between 1,580 and 1,590 today,” says Rakuten Trade.
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