President_Trump_at_the_G20_(48144047611)
The FBM KLCI’s upward momentum is weakening after marginally surpassing the 1,570 resistance level. Volatility may persist due to concerns over potential U.S. tariffs under Trump’s administration, leading to cautious sentiment among foreign investors and continued net selling in emerging markets. Lower liner stocks might consolidate as investors adopt a defensive stance ahead of the Chinese New Year.
Optimism is expected in the oil and gas sector, driven by speculation of reduced Russian exports amid U.S. sanctions. The plantation sector remains unattractive due to declining CPO prices.
The FBM KLCI sustained its recovery with a bullish candle, staying above the lower Bollinger Band. However, indicators are negative, with the MACD below the Signal Line and RSI under 50. Immediate resistance is at 1,600, while support is around 1,530.
AMD says its EPYC processors deliver superior rack-scale throughput for agentic AI workloads, enabling enterprises…
CIMB and China CITIC Bank have signed an LOI to enhance China-ASEAN financial connectivity, supporting…
EG Industries is accelerating beyond traditional EMS, leveraging AI networking demand, 1.6T development, network switches…
Sime Darby Property has introduced a RM1.25 billion fund aimed at investing in new economy…
Pos Malaysia has consolidated all its courier offerings under the Pos Laju brand to streamline…
Jati launches Jati Chom Chom, a rice puff snack, expanding into the snack market with…
This website uses cookies.