Oil and CPO prices stabilise above support levels, with potential upside prompting investors to consider commodity-linked stocks amid easing tensions.
On Bursa Malaysia, foreign institutions extended to a three-week consecutive streak of net buying, recording RM470.3m in net inflows
Wall Street closed higher as traders bet on easing US-Iran conflict; Brent crude stays elevated, FBM KLCI retreats.
Trump’s war update drives Brent crude to USD109; strategic buy positions in oil and commodity stocks gain fundamental support.
Wall Street rallies as Iran signals willingness to end war; Dow jumps 1,125 points, oil retreats, inflation concerns persist.
The FBM KLCI fell below 1,690, impacted by crude oil volatility and regional market tensions, anticipating Trump's next moves.
Markets dip on Middle East tensions and conflicting peace signals; energy and utilities gain as investors seek defensive positions.
US Fed holds rates steady at 3.50%-3.75%, citing inflation risks and global uncertainties, with cautious outlook on future cuts.
FBM KLCI rebounds 0.85% on bargain-hunting, global equities volatile amid oil price surge, geopolitical risks, and softer U.S. spending.
FBM KLCI rebounds above 1,710 as foreign funds return, Malaysia seen resilient amid high crude oil prices, cautious optimism persists.
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