Market Pulse - No Sight Of Rebound Yet

The FBM KLCI ended the week on a negative note in a subdued market environment, in line with the regional downtrend move. While external risks remained in place, the border reopening should continue to bode well for the local economy especially the aviation and consumer sectors. Meanwhile, investors should monitor China’s key economic data which will be released today and Malaysia’s inflation rate later this week to gauge the BNM’s interest rate directions moving forward.