M+ Online
14th January 2022

Market Pulse - Mixed Sentiment

The FBM KLCI bounced from the previous day’s slide, supported by buying interest within selected industrial products & services as well as banking heavyweights. However, we believe market sentiment on the local front will remain cautious as the rally on Wall Street faded after hitting respective intraday highs for the major indices. Investors are still digesting and uncertain on the pace of the potential interest rate hikes in the US.

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