The FBM KLCI eased marginally to below the 1,455 mark amid a lacklustre day. Though we noticed some accumulation from foreign funds, ongoing selling by local institutions capped the index performance. Whether the index can test the 1,500 level over the last 4 trading days in 2023 remains to be seen.
Meanwhile, it is heartwarming to see that the Ringgit has strengthened against the greenback at RM4.63 or a 4-month high. We anticipate the benchmark index to trend within the 1,450-1,460 range for today.
“We noticed some accumulation from foreign funds, ongoing selling by local institutions capped the index performance.
“Meanwhile, it is heartening to see that the Ringgit has strengthened against the greenback at RM4.63 or a 4-month high,” says Rakuten.
Technical View : EWEIN (7249)
The TBTHK symposium in Kuala Lumpur on August 11 will connect Malaysian businesses with Hong…
Fiuu has secured a JCB Direct Acquiring licence, strengthening card acceptance across Malaysia, Singapore and…
Westports Holdings Berhad reported a 56% net profit surge in 2Q2026, driven by tariff increases…
MGB Bhd secures a RM44.7m contract in Saudi Arabia for villa development, enhancing its regional…
The FBM KLCI retreated as rising oil prices, renewed geopolitical tensions and concerns over AI…
Bukit Mertajam MP Steven Sim calls for investigation into human trafficking following a police raid,…
This website uses cookies.