M+ Online
30th March 2023

Market Pulse - 30Mar23 - Solidifying Above 1,400

The FBM KLCI extended gains amid improved sentiment on the regional markets as fears over the global banking crisis appeared to ease. We believe the risk appetite on the local front will return, as upbeat earnings reports in the US, coupled with the expectations that the US Fed might be pausing the interest rate hikes may lift the market sentiment on the global markets. Meanwhile, we will also monitor the developments on the China visit by our Prime Minister and traders might speculate big investments to be expected.

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