Market Pulse - 13Jan23 - Marching Towards 1,500

The FBM KLCI eked out marginal gains as investors traded cautiously prior to the US inflation data. Following a cooling inflation print in the US, investors may anticipate a less aggressive tone from the Fed moving forward. The optimism on Wall Street overnight, coupled with the higher Brent crude oil price around USD84 per barrel could lift the sentiment on our local bourse.