M+ Online
16th March 2022

Market Pulse - Still Downbeat

The FBM KLCI sank further on the back of unresolved conflict between Ukraine and Russia, coupled with the rising Covid-19 cases in China. However, we believe the strong rebound on Wall Street could spill over to the local front, but the normalising commodity prices may weigh on the commodity related stocks. Meanwhile, the increasing foreign inflows may push the stocks on Bursa.

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