M+ Online
9th May 2023

Market Pulse - 9May23 - Marching Higher

The FBM KLCI started the week on a mildly positive note as the key index took cue from the positive performances on Wall Street last Friday. We believe the upside may sustain as the US Fed commented on a steady interest rate, which means it is likely to that the Fed is hinting for a pause on the interest rate at least for the near term. However, we expect the upside could be capped ahead of the inflation report in the US.

View Document
Ready to start trading?

Open an Account with M+ Online and begin your investment journey today

Register Now
Recent Posts