M+ Online
28th March 2022

Market Pulse - Firming Up Above 1,600

The FBM KLCI finished higher for the second week as investors brushed off some concerns over the Russia-Ukraine conflict while looking forward to the reopening of border on 1st April 2022. We expect the recovery-themed sector to remain resilient prior to this event. Meanwhile, commodity prices are likely to remain volatile on the back of the unresolved conflict between Russia-Ukraine and the Covid-19 related restriction in China where Shanghai will be on a lockdown mode in few stages for 9 days.

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