Commodities-related stocks are expected to encounter some headwinds today with the heightened volatility between the global currencies
Yesterday, FBM KLCI ended lower due to lack of buying interests. The benchmark index lost 0.36% or 5.35 points to close at 1,492.33 with losers led by HARTA, PETGAS and HLBANK.
Nestle's long term prospect are favorable underpinned by its strong balance sheet, which could provide cushion towards potential economy downturn
The weakness in trading activities in 1HFY22 is due to volatility caused by US Fed’s hawkish stance and geopolitical issues
Rakuten Trade reckons some bargain-hunting activities could emerge as the benchmark index is nearing its support level at 1,400
Malaysia's average y-o-y growth in consumer prices stood at 3.05% compared to Indonesia's 3.29%, Singapore's 3.49%, Thailand's 3.51% and the Philippines' 4.26%.
We give you a hint on what the market beat is for this week. The FBM KLCI has continued to rise and has broken through the psychological hurdle of 1,600. The benchmark index closed at 1,603.2, up 3.59 points. NESTLE, PMETAL, and TM were the top