Tight range and negative territory for local market

The FBM KLCI trended in a tight range and ended in negative territory in tandem with the performance of emerging markets.

“We expect this to offer opportunities for investors to engage in bargain hunting given the cheaper valuations.

Tight range but…

“On the other hand, Brent crude oil remains elevated at above USD 83 per barrel, and we believe this will provide a short-term play on energy stocks.

“We anticipate the benchmark index to trend within the range of 1,590-1,610 for today,” says Rakuten Trade.

Read More Business News

Table of Contents

Wall Street and Malaysia stock market
Northport – Photo: Wikipedia
Staff Writer

Recent Posts

Eco World Posts Solid 1HFY26 Earnings on Industrial Land Sales

Eco World reported stronger 1HFY26 earnings driven by industrial land sales, while robust new sales…

6 hours ago

Scoot x Sony Pictures’ Spider-Man: Brand New Day

Scoot, the low-cost subsidiary of Singapore Airlines (SIA), is pleased to announce an exciting collaboration…

6 hours ago

RICOH Malaysia Showcases AI Solutions Driving Smarter Industrial Operations

RICOH Malaysia unveiled AI and automation solutions designed to improve operational efficiency, workflow intelligence, and…

7 hours ago

FedEx Helps APAC Businesses Adapt Confidently to EU De Minimis Changes

Singapore, June 18, 2026 — Federal Express Corporation, one of the world’s largest express transportation…

7 hours ago

Why Fear Has No Place in Malaysia’s Path Forward

Malaysia faces critical challenges like rising costs and political instability while pursuing a future of…

8 hours ago

Malaysia Climbs to 15th in Global Competitiveness Ranking

Malaysia has jumped eight spots to rank 15th in the 2026 IMD World Competitiveness Ranking,…

9 hours ago

This website uses cookies.