Bullish market but caution is advised on potential risks with the looming threat of a US recession and geopolitical tensions while "Investors tread cautiously"
KUALA LUMPUR – The FBM KLCI closed higher above the 1,530 mark, buoyed by the return of foreign funds and steadier global markets. Analysts expect the index to trade within the 1,530-1,540 range today. Wall Street also ended broadly higher as traders remain optimistic about potential deals after the US’s 90-day tariff reprieve ends next week. Meanwhile, Hong Kong’s HSI slipped below 24,100 as China’s manufacturing sector continued to struggle amid US tariffs.
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