M+ Online
15th June 2022

Market Pulse - Premature Recovery

The FBM KLCI snapped its 8-day losing streak and bounced higher, outperforming the mixed broader market. Given the mixed trading activities on Wall Street, we believe sentiment on the local front may remain tepid ahead of the interest rate decision by the US Fed in the upcoming FOMC meeting. On a side note, the recent South Korea strike could further impact the global supply chain of chip productions.

View Document
Ready to start trading?

Open an Account with M+ Online and begin your investment journey today

Register Now
Recent Posts