The Complexities of De-dollarisation - Photo by Karolina Grabowska on Pexels.com
The FBM KLCI ended above water, but the market undertone was jittery as selling by foreign funds remains evident.
“Though we noticed some early buying support, this evaporated as foreign disposal became more pronounced. As a result, we expect the index to hover within the 1,500-1,510 range today,” Rakuten Trade said.
Resistance levels are identified at RM0.405 (R1) and RM0.44 (R2). Support levels are pegged at RM0.37 (S1) and RM0.35 (S2).
BUY with a potential upside of 11.6% together with positive indicators.
Resistance levels are identified at USD122.00 (R1) and USD126.50 (R2). Support levels are pegged at USD112.60 (S1) and USD105.10 (S2).
Bursa Malaysia appoints CFO Azizan Abdul Aziz as Islamic capital market director, reinforcing focus on…
Huawei unveils FusionSolar9.0 in Malaysia, introducing AI‑powered, grid‑stabilising solar technology to boost clean energy transition…
Private markets remain resilient but face mounting pressure from higher rates, weak exits, concentrated AI…
Fomca urges government transparency on Budget 2026 cuts, warning healthcare reductions could harm patients, staff,…
PETRONAS and ENEOS renew LNG partnership, securing 10% stake in MLNG Tiga to strengthen energy…
UAE exits OPEC+, weakening spare capacity control and signaling shift toward capacity-driven competition, raising volatility…
This website uses cookies.