M+ Online
2nd June 2022

Market Pulse - Back Into Consolidation

On the first day of June, the FBM KLCI surrendered big gains from the previous session as global inflationary pressure remains a concern which may derail the economic recovery. Investors may trade cautiously following the overnight decline on Wall Street. Nevertheless, traders are likely to lookout on selected technology stocks with solid balance sheet and growing quarterly results (at least positive QoQ growth).

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