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8th September 2022

Market Pulse - 8Sep22 - All Eyes On Bank Negara

The FBM KLCI rebounded from a four-day slide, outperforming most of the regional markets as the industrial products & services and utilities heavyweights led gains. We believe the overall sentiment will turn more positive with the rebound on Wall Street overnight. Meanwhile, Malaysia BNM’s and European Central Bank’s interest rate decision will be in focus today, we believe the market is pricing in a 25-basispoint Overnight Policy Rate (OPR) hike at this juncture.

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