Photo From Suria KLCC
The FBM KLCI closed on a flat note as the market is still trying to even after the recent wild gyrations. Though daily volume traded has weakened to around the 4bn shares level, we see this as positive, noting that selling may be easing.
Despite the upturn on Wall Street, we expect sentiment on the local bourse to remain cautious ahead of the weekend,hence anticipate the index to hover within the 1,590-1,600 range today.
Resistance levels are identified atRM3.38 (R1) and RM3.7 (R2). Support levels are pegged at RM3.00 (S1) and RM2.81 (S2).
Climate UX launched Green Together to help companies engage employees, strengthen ESG goals and deliver…
Alibaba Cloud’s KaryaWAN challenge aims to boost Malaysia’s AI innovation ecosystem through talent development, creativity…
Malaysia's job market faces a "talent paradox," with employers struggling to find suitable candidates despite…
Young Malaysians are embracing cold coffee culture, prompting NESCAFÉ to launch Espresso Concentrate for convenience…
The only Malaysian company within the Health Care Equipment & Supplies sector to be included,…
Regional foreign funds turned cautious despite April inflows, while higher oil prices and currency movements…
This website uses cookies.