M+ Online
19th January 2023

Market Pulse - 19Jan23 - Focus Onto Bank Negara OPR Decision

The FBM KLCI slid as the cautious trading sentiment emerged ahead of the BNM MPC meeting, bucking the positive regional markets performances; the bullish sentiment on the regional markets was supported by the unchanged Bank of Japan’s monetary policy and optimism over China’s reopening. We believe the traders may take a cautious approach following the weaker trading tone on Wall Street overnight and ahead of the BNM OPR decision.

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