Market Pulse - 21Nov22 - Marginal Gains Ahead Of GE15

The FBM KLCI eked out marginal gains on Thursday as buying interest emerged in the final hour ahead of the GE15. As Malaysia faced with a hung Parliament scenario after none of the coalitions won enough seats to form a majority, key focus is now on the outcome of the negotiations among various parties in today’s afternoon. Market sentiment may remain tepid and trade negatively before the submission of PM candidate name to Istana Negara at 2pm.