Banks Are Ripe For The Picking
The FBM KLCI continues to trend lower, reaching a YTD low, as market sentiment remains jittery due to a lack of fresh catalysts.
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KLCI Edged Higher On Bargain Hunting
Yesterday, Malaysian equities closed higher due to bargain hunting activities. The benchmark index gained 0.21% or 3.08 points to end at 1,491.35
Buying Focus On Banking And Tech Companies
Further backed by a slew of positive earnings reported yesterday, we expect the index to trend within the 1,500-1,515 range with buying to focus on Banking and Technology related stocks today
New: Malaysia Stocks On Radar
The US market ended slightly higher overnight as major indexes pared gains after the 10-year Treasury yield surged to its highest in a month. Earlier, European stocks surged to rebound from Friday’s losses.
On the local market, the FBM KLCI plunged 12.07 points to 1537.83 points. Following