Market: Technology Sector may see interest

Trade tensions and geopolitical risks, including US airstrikes in Yemen, are contributing to market volatility. However, bargain-hunting may persist, though further gains could be limited by foreign fund outflows. Investors are advised to take a defensive stance amid uncertainties, with focus shifting to the Federal Reserve and Bank of Japan meetings, as well as Nvidia’s GTC event.

Sector Outlook: Technology

Defensive sectors (REITs, Healthcare, Utilities) remain favorable for stability.

Technology may see interest, tracking Nasdaq’s gains and potential Nvidia catalysts.

Energy stocks could attract attention due to rising Middle East tensions.

FBMKLCI Technical Outlook

The index defended the 1,500 level, forming a bullish candle, though indicators remain weak. Resistance is at 1,570, while support is at 1,500.

More Business News

Staff Writer

Recent Posts

KPJ Healthcare Accelerates AI Integration in Medical Services

KPJ Healthcare is advancing its health system by expanding the use of artificial intelligence in…

8 hours ago

Malaysia’s Trade Hits RM3.1 Trillion, Penang Leads Exports

Malaysia’s total trade reached RM3.1 trillion in 2025, with Penang emerging as the top exporting…

9 hours ago

Petronas Eyes Development of World’s Second Largest Gas Field

Petronas is set to explore what is believed to be the world’s second largest gas…

10 hours ago

Trip.com Group and Visa Partner to Elevate Travel Experiences Across Asia Pacific

Trip.com Group and Visa have formed a strategic partnership to deliver personalized travel experiences, seamless…

13 hours ago

Royalton and Kinara Energy Advance Local Industrial Growth in Sabah

Royalton and Kinara Energy have formalized a Sabah partnership to expand corrosion protection services, strengthen…

14 hours ago

B-52 Bomber Crash at Edwards Air Force Base Feared to Have Killed Eight

Eight people are feared dead after a U.S. Air Force B-52 bomber crashed shortly after…

1 day ago

This website uses cookies.