M+ Online
17th March 2022

Market Pulse - Due For A Rebound

The FBM KLCI soared in tandem with the regional peers after China promised to roll out support measures to bolster its stockmarkets following the recent market turmoil. Given the positive overnight performance on Wall Street, we expect our local market to extend its rebound with the banking sector taking the lead after the interest rate hike in the US. As we are getting closer to the reopening of borders, investors may focus on recovery theme and consumer stocks.

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