The FBM KLCI is showing signs of recovery with easing bearish momentum and improving sentiment. Potential softening of U.S. President Trump’s tariff stance may lift markets, but uncertainty persists due to a 90-day tariff pause and possible further tariffs.

Market Outlook

The index is expected to trade volatile within the 1,470-1,490 range today. U.S. corporate earnings reports are likely to significantly influence investor sentiment in the coming weeks. The visit of China’s President Xi Jinping is anticipated to enhance Malaysia-China ties, potentially boosting foreign direct investment (FDI).

Sector Focus

Amid tariff-related uncertainty, a defensive investment approach is recommended. Focus on stable sectors like REITs, Utilities, and Financials, which offer reliable dividend yields and serve as safe havens during market volatility.

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