M+ Online
28th January 2022

Market Pulse - Tepid Recovery

The FBM KLCI registered marginal gains, outperforming the negative regional markets that spooked by the US Federal Reserve’s statement. However, tracking the weaker performance on Wall Street overnight and simmering geopolitical tensions, we reckon the sentiment may turn negative on the local bourses. Nevertheless, with Apple registering all-time revenue record, that may provide support towards technology stocks.

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