The FBM KLCI is expected to stay under pressure due to foreign fund outflows and weak market sentiment, with the index likely trading between 1,580 and 1,590 today. However, the downtrend may be temporary as the upcoming corporate earnings season could revive investor interest.
Investors should focus on defensive sectors like REITs and financials, which offer stable dividends, as well as the Consumer sector, which benefits from higher household spending.
Technical Outlook: The index showed a bullish recovery, with indicators turning positive. Immediate resistance is at 1,630, while support is around 1,570.
Shopee expanded its Rai Lokal Jelajah Komuniti programme to Johor, equipping local entrepreneurs with digital…
Vertiv introduced the first converged physical infrastructure digital twin for NVIDIA Omniverse DSX, enabling faster…
API (Application Programming Interface) integration allows different software systems to connect and exchange information automatically.…
KiN Hotel Group enters Malaysia through the takeover of Hotel Maya Kuala Lumpur, bringing its…
Generali has launched Redion, unifying Europ Assistance and GEB under one global Care platform to…
Manulife IM Malaysia introduces the Singapore Equity Fund, offering investors access to income and growth…
This website uses cookies.