Photo by Sora Shimazaki on Pexels.com
The FBM KLCI showed resilience, supported by optimism from regional geopolitical developments, but caution persists due to potential tariff policy shifts that could increase market volatility.
The index is expected to trade between 1,470-1,490 heading into the weekend, with mild bargain hunting likely amid improving sentiment.
Wall Street’s corporate earnings and Malaysia’s Q1 2025 GDP data release today will influence investor sentiment.
Adopt a defensive strategy, focusing on REITs, Utilities, and Financials for their stable dividends and safe-haven appeal during volatility.
Technical Outlook: The KLCI formed a bullish candle, entering short-term consolidation. MACD is positive, but RSI nears 50, signaling potential extended consolidation. Resistance is at 1,500, with support at 1,440.
Weststar Aviation Services signed a RM2 billion financing deal with AmBank to double its helicopter…
Industry players urge the government to create inclusive automotive incentives supporting the entire supply chain…
Kerjaya Prospek wins RM98.8m Seremban hospital job, boosting order book to RM4.3bn with strong earnings…
Trump’s war update drives Brent crude to USD109; strategic buy positions in oil and commodity…
The U.S. labor market rebounded in March with nonfarm payrolls rising +178K, the strongest gain…
YTL POWER (BUY Maintained, TP:RM3.72) Data centres are gaining traction
This website uses cookies.