Fed rate cuts says more than we can expect
The FBM KLCI continued its upward trend, supported by bargain hunting, marking four consecutive sessions of gains. However, the market is expected to pause as investors await the US unemployment data on Friday, which could influence the Federal Reserve’s upcoming rate decision.
Plantation sector may see further gains, driven by rising CPO prices.
Lower liners are showing signs of recovery, with small-cap stocks likely to attract more interest as traders adopt a risk-on approach.
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