Market Pulse - Volatility Strikes Again

The FBM KLCI fell in tandem with most of the regional markets (except for China) due to concerns over elevated inflation and prolong Russia-Ukraine conflicts. Investors may remain cautious over the near term as current market sentiment could be exacerbated by the ongoing volatility on Wall Street. On a side note, Indonesia’s move to lift a ban on palm oil export could bring a relief to global market and lower the CPO price.