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10th November 2022

Market Pulse - 10Nov22 - Small Steps Of Rebound

The FBM KLCI rose marginally as the market appeared to be on a bargain-hunting mode amid persistent inflows of foreign funds. However, we believe the downside risk could return with the selling pressure on Wall Street as the US mid-term election results are uncertain and the US CPI print may stay elevated and contribute to a selling tone in the near term.

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