M+ Online
11th April 2022

Market Pulse - Solidifying Above The 1,600 Level

The FBM KLCI wrapped up the week above the key 1,600 level, building up a positive sentiment on the local bourse as Malaysia could be viewed as a defensive market under this uncertain environment. In view of the mixed performances on Wall Street overnight, we believe investors should favour stocks under the recovery-theme, while avoiding the technology sector. Meanwhile, several economic releases for this week include the US inflation rate and the European Central Bank interest rate decision which will be released on 12th and 14th April 2022 respectively.

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