Market Pulse - 10Apr23 - Ending The Week Slightly Higher

The FBM KLCI rebounded as bargain-hunting activities picked up in the final trading hour. Investors may continue to eye the rising tension between the US and China. Meanwhile, the market should focus on the US inflation data and FOMC Minutes which will be released this week to gauge the Fed’s aggressiveness in the future rate hikes. On the local bourse, bargain hunters may continue to dominate.