M+ Online
7th December 2022

Market Pulse - 7Dec22 - Persistent Foreign Fund Outflow

The FBM KLCI closed flat as the investors stayed cautious taking cue from the negative Wall Street performance. Moreover, we expect traders to remain on the sidelines ahead of the US CPI data next week, coupled with the FOMC meeting. Defensive stocks with solid track record in their earnings should be favourable under this challenging environment.

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