FBM KLCI
Market sentiment likely to stay cautious
Market sentiment is likely to stay cautious as investors await the US presidential election outcome this week and the Federal Reserve’s interest rate decision…
Category: Wall Street
FBM KLCI
Investor caution is expected to persist ahead of the US presidential election
Investor caution is expected to persist ahead of the US presidential election and upcoming US unemployment data. Local market volatility may continue
Stocks and Markets
Concerns over the contentious USelection weighed heavily on markets
Concerns over the contentious US election weighed heavily. In Hong Kong, the HSI fell more than 270 points, as tech stocks saw sharp declines…
FBM KLCI
Market Overview: Wall Street Reaches New Highs Amid Earnings Optimism; Local Markets Struggle
Despite concerns over stretched valuations, investor sentiment remained buoyant, fueled by the ongoing U.S. Presidential election period. Wall Street was up!
Stocks and Markets
Investors are focused on US economic data
Investors are focused on US economic data, Fed interest rate signals, and the ongoing Middle East tensions. The Consumer sector may see support from…
Analyst Report
Nasdaq gained 109 points yesterday
The DJIA rose 432 points and the Nasdaq gained 109 points, despite a slight increase in the US 10-year yield to 4.075%
Analyst Report
Market to Focus on US Inflation Data
FBM KLCI ended flat; US markets rebounded. Focus shifts to upcoming US inflation data and corporate earnings for market direction.
Stocks and Markets
Escalating tension in the middle east a market concern
Wall Street closed lower on concerns over the escalating tension in the middle east coupled with September’s payroll report due later today
Business News
US Market Gains Signal Positive Outlook, Says Berjaya Mutual’s Dr. Nazri Khan
At this juncture we remain positive on the overall situation of the US economy while managing our private mandate and unit trust portfolios prudently,…
FBM KLCI
Malaysian market is expected to mirror the negative sentiment from the US
Malaysian markets rebounded amid bargain hunting, while US tensions caused global declines. Oil and gold sectors may attract investor interest.
FBM KLCI
FBM KLCI Extends Losses Amid Foreign Fund Shift; US Markets Rebound After Fed Speech
US markets ended positively, with the S&P 500 hitting a record high after the Fed Chairman's dovish speech boosted confidence in the US economy.
Business News
Can the Feds control inflationary pressures?
Hopes remain for a soft landing, where the Federal Reserve can control inflation without severely impacting growth, supported by the recent 50 basis point…
FBM KLCI
FBM KLCI Slips Amid Profit-Taking as China Blue-Chips Surge on Stimulus
FBM KLCI fell 11.23 points, while China’s blue-chip stocks surged 4.5% amid optimism over China’s economic stimulus efforts.
FBM KLCI
Wall Street Rises, KLCI Consolidates Amid Foreign Profit Taking
The US 10-year yield also edged up to 3.796%. In Hong Kong, the Hang Seng Index (HSI) continued its upward trend, reaching a 14-month…
Business News
Market outlook remains optimistic
Market outlook remains optimistic with potential momentum resuming, taking cues from Wall Street’s positive close
Analyst Report
Malaysian Market Steady Amid Global Gains and Economic Focus
Malaysian market: The key index is expected to trade within the 1,635-1,680 range, with foreign selling pressure limiting gains from local buying