M+ Online
18th May 2022

Market Pulse - Small Steps Of Recovery

The FBM KLCI extended its gains on the back of returned buying interest in selected commodity related heavyweights led by PMETAL. We are expecting that the broad-based recovery on the local bourse could extend in tandem with the (i) rebound on Wall Street overnight following the release of retail sales data in April and (ii) optimism on China’s announcement on easing lockdowns.

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