The FBM KLCI surpassed expectations by surging past the 1,580 level on optimism that the de-escalation of trade tension.
“We believe the uptrend is fuelled by the flight of funds back to equities from bonds coupled with the inflow of foreign funds following their exodus since the beginning of this year,” says Rakuten.
Resistance levels are identified at RM5.00 (R1) and RM5.40 (R2). Support levels are pegged at RM4.60 (S1) and RM4.20 (S2).
Strong fundamentals support resilience in the banking sector.
Structured transitions help ensure long-term stability.
Analysts see upside for Greatech as record orders, data centre demand and improving execution support…
Mitrajaya’s earnings outlook remains positive, supported by stronger revenue recognition, data centre projects and steady…
Improving US-Iran negotiations and easing oil prices lifted global sentiment, while investors stayed cautious ahead…
Vietnam's General Secretary To Lam will visit Thailand, Singapore, and the Philippines from May 27…
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