Market sentiment remains cautious

The FBM KLCI closed flat, paring earlier gains amid profit taking activities late in the session. The local bourse may be suffering from a post-Budget blues as investors are still digesting the implications and there remain some unanswered questions.

Sentiment cautious

Meanwhile, sentiment remains cautious, underscored by the low trading volume. ‘Thus, we expect the index to trend between the 1,640-1,650 range today.‘- Rakuten Trade

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