Rakuten Trade says it was another disappointing day for the local bourse as the FBM KLCI ended in negative territory following a strong opening.
Foreign funds
“We reckon foreign funds may have been net sellers over the past 2 days after consecutive net inflows last week.
“As depicted by the low daily volume, market undertone remains cautious, but we believe accumulation on stocks to persists hence expect the index to hover within the 1,635-1,645 range today,”
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