M+ Online
11th March 2022

Market Pulse - Marching Higher

The FBM KLCI posted further rebound in tandem with its regional peers amid fading geopolitical tension between Russia and Ukraine. However, failure of the Russia-Ukraine talks on cease-fire, coupled with the inflationary pressure could lead to more hawkish tone in the FOMC meeting next week. Hence, the retracement yesterday on Wall Street may put pressure on the local front and profit taking activities may emerge.

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